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Robinhood's Stock Plunges 8% Following Disappointing Earnings Report Amid Crypto Revenue Slump
Robinhood's first-quarter earnings report revealed a notable miss in both earnings and revenue estimates, primarily due to a substantial decline in crypto trading revenue, which plummeted 47% to $134 million. However, the company's overall revenue experienced a 15% year-over-year increase to $1.07 billion, driven by growth in other areas of its business, including a record-breaking surge in predi…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Price Drops 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with the company reporting a significant decline in crypto trading revenue. The platform's adjusted earnings per share were $0.38, missing the estimated $0.39, while total revenue rose 15% year-over-year to $1.07 billion, but failed to meet the expected $1.14 billion. As a result, shares dropped approximately 8% in post-market …
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with the company missing its estimated earnings per share and revenue targets. The trading platform's adjusted earnings per share were $0.38, lower than the expected $0.39, while its total revenue of $1.07 billion was short of the anticipated $1.14 billion. As a result, the company's shares dropped approximately 8% in post-mark…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood reported a significant decline in its first-quarter earnings and revenue, missing Wall Street's expectations, due to a substantial drop in crypto trading revenue. However, growth in other areas of its business helped push overall revenue higher. The company's adjusted earnings per share were $0.38, falling short of the estimated $0.39, while total revenue rose 15% year-over-year to $1.0…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Shares Plummet 8% Following Disappointing Earnings Report Amid Crypto Revenue Slump
Robinhood reported a disappointing first-quarter earnings performance, missing both earnings and revenue estimates due to a sharp decline in cryptocurrency trading revenue. The company's adjusted earnings per share were $0.38, falling short of the expected $0.39. Total revenue increased by 15% year-over-year to $1.07 billion but failed to meet analysts' expectations of $1.14 billion, prompting an…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with the company posting adjusted earnings per share of $0.38, missing the estimated $0.39, and total revenue of $1.07 billion, lower than the anticipated $1.14 billion. The company's stock price dropped approximately 8% in post-market trading following the announcement. The decline in cryptocurrency-related revenue, which decr…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Earnings Miss Amid Weak Cryptocurrency Trading Revenue
Robinhood reported a significant decline in cryptocurrency trading revenue, resulting in a missed earnings estimate, although growth in other business areas led to a 15% increase in overall revenue. The company posted adjusted earnings per share of $0.38, falling short of the estimated $0.39. Total revenue reached $1.07 billion, a 15% year-over-year increase, but below the expected $1.14 billion.…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plunges 8% Following Disappointing Earnings Report
Robinhood's first-quarter earnings report fell short of expectations, with the company posting adjusted earnings per share of $0.38, below Wall Street's estimate of $0.39. Total revenue rose 15% year-over-year to $1.07 billion, but missed analysts' forecasts of $1.14 billion. The company's shares dropped approximately 8% in post-market trading. A significant decline in crypto-related revenue, whi…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Disappointing Earnings Report Amid Crypto Revenue Slump
Robinhood's first-quarter earnings report revealed a substantial shortfall in both earnings and revenue, primarily due to a sharp decline in cryptocurrency trading revenue. The company's adjusted earnings per share of $0.38 fell short of Wall Street's estimate of $0.39. Furthermore, its total revenue of $1.07 billion, although representing a 15% year-over-year increase, missed analysts' expectati…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings fell short of expectations, with the company reporting a significant decline in crypto trading revenue. However, growth in other areas helped push overall revenue up 15% to $1.07 billion. The company's adjusted earnings per share of $0.38 missed Wall Street's estimate of $0.39. Shares dropped about 8% in post-market trading following the report. Crypto-related r…
April 28, 2026, 8:28 p.m.