Crypto May Keep Dragging on Robinhood. Why One Analyst Is Raising Earnings Estimates.

The crypto winter is likely to keep chilling Robinhood Markets but that’s no reason to be completely bearish. One analyst has even significantly raised estimates for full-year profit while cutting sales expectations ahead of first-quarter results due next week. Like peer Coinbase Global (ticker: COIN), broker Robinhood (HOOD) is heavily reliant on retail investors—a flighty cohort that tends to pile into bull markets and flee bears, causing swings in quarterly results amid the shifting w

• 2023-05-04
• Robinhood Markets revenue estimates quarterly results revenue expectations options trading

Crypto Exchange Ziglu Courting Buyers After Robinhood Deal Collapses: Report

Ziglu is also looking to raise around $2.46 million to enable it to continue operating until a sale is agreed

• 2023-03-23
• Robinhood Markets Sky News Ziglu London-based firm

Robinhood’s Crypto Revenue Declined 24% to $39M in Q4

The online trading broker overall missed both earnings and revenues estimates for the quarter.

• 2023-02-09
• Robinhood Markets Online trading holding company