BUZZ-PREVIEW: Robinhood shares down 3%; seen reporting Q1 EPS, rev growth y/y

Reuters
Yesterday
BUZZ-PREVIEW: <a href="https://laohu8.com/S/HOOD">Robinhood</a> shares down 3%; seen reporting Q1 EPS, rev growth y/y

** Shares in retail trading company Robinhood Markets HOOD.O down ~3% on Wednesday with broader market in decline, Q1 report scheduled for after market close

** HOOD seen reporting adj EPS of $0.33 vs $0.18 year-ago on rev of $922.5 mln vs $618 mln year-ago, according to latest data gathered by LSEG

** In the last 8 quarters EPS handily beat consensus 7 times with one miss in Q3 2024 (6.2%), while rev beat six times with biggest miss in Q3 2024 (3.2%)

** In Feb, HOOD reported Q4 profit that beat expectations driven by a surge in equity, option and crypto trading on its platform after Donald Trump's re-election

** Robinhood said the U.S. securities regulator had closed its probe into the retail trading firm's crypto arm with no action, as it seeks to revamp policing of digital assets since President Trump took office.

** Last traded at $47.86 vs median PT of $56.50, down from $63.50 a month ago as per LSEG, which shows 21 analyst ratings 3 'strong buy,' 11 'buy' and 7 'hold recommendations

** YTD shares in HOOD up ~29% VS ~4% decline for Nasdaq Financial 100 Index .IXF

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))

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