HOOD Earnings Prediction
The chart below shows how HOOD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HOOD sees a -1.23% change in stock price 10 days leading up to the earnings, and a +3.21% change 10 days following the report. On the earnings day itself, the stock moves by -0.71%. This data can give you a slight idea of what to expect for the next quarter's release.
HOOD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
637.00M
36.40%
-6.60%
Gross Margin
93.88%
2.43%
-0.27%
Operating Margin
23.70%
256.93%
-14.47%
Net Margin
23.55%
229.40%
-14.58%
EPS
0.17
288.89%
-19.05%
No Data Available
HOOD Earnings Analysis
Robinhood Markets, Inc. Class A Common Stock Corporation (HOOD.O) Earnings Conference Call
Positive
Record Net Deposits Growth: In Q3, net deposits were $10 billion or more, bringing the year-to-date total to $34 billion, above the 2020 record of $31 billion.
Record Options Contract Growth: Q3 options contracts were up 47% year-over-year to a new record, edging out our full-year high from 2021.
Revenue and EBITDA Growth: Q3 revenues grew 36% year-over-year, with adjusted EBITDA increasing 96% from a year ago.
Net Income and EBITDA Growth: Q3 net income grew to $150 million or $0.17 per share, with adjusted EBITDA margins expanding by 13 points to 42%.
Record Gold Subscriptions: Robinhood Gold subscriptions hit an all-time high of $2.2 million in Q3.
Negative
Consistent Net Deposits Growth: Q3 net deposits were $10 billion or more for the third straight quarter, which is above our 2020 record of $31 billion.
Record Options Contracts Growth: Q3 options contracts were up 47% year-over-year to a new record, edging out our fully-year high from 2021.
Strong Revenue, Declining Income: Q3 was another strong financial quarter with our second highest revenues ever, but we still saw a decline in net income to $150 million or $0.17 per share, reduced by one cent for a regulatory accrual in the quarter.
Decline in Trading Activity: We saw a reduction in rates on specials that we get hard to borrow, coming down a bit versus Q2, indicating a potential decline in trading activity.
Customer Engagement Challenges: We are still operating at a depressed level, indicating potential challenges in customer engagement and retention.
HOOD FAQs
How does HOOD typically perform around its earnings report dates?
Is Robinhood Markets, Inc. (HOOD) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
HOOD Earning Call Sentiment
Robinhood Markets, Inc. (HOOD) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
HOOD.O
-6.61%Positive
The earnings call highlights strong financial performance, including record revenue and significant growth in net deposits and assets under custody. The share repurchase program and expansion in product offerings are positive indicators. However, management's unclear responses in the Q&A section slightly temper enthusiasm. Overall, the strong earnings, optimistic guidance, and strategic initiatives suggest a positive stock price movement in the short term.