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Robinhood Shares Plummet 8% Following Disappointing Earnings Report Amidst Crypto Revenue Slump
Robinhood's first-quarter earnings report fell short of expectations, with the company posting adjusted earnings per share of $0.38, below the estimated $0.39, and total revenue of $1.07 billion, missing the predicted $1.14 billion. The trading platform's shares subsequently dropped 8% in post-market trading. A significant decline in crypto-related revenue, which decreased by 47% to $134 million …
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Weak Crypto Trading Revenue
Robinhood's first-quarter earnings report fell short of expectations, with a significant decline in crypto trading revenue, although growth in other areas pushed overall revenue higher. The company reported adjusted earnings per share of $0.38, missing the estimated $0.39, and total revenue of $1.07 billion, which was below the anticipated $1.14 billion. As a result, shares dropped approximately …
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Weak 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. Total revenue increased by 15% year-over-year to $1.07 billion, but failed to meet analysts' expectations of $1.14 billion, resulting in an 8% drop in shares in post-market trading. The company's crypto-related revenue, a significant con…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stocks Plummet 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings fell short of expectations, with a significant decline in cryptocurrency trading revenue offset by growth in other areas of the business. The company reported adjusted earnings per share of $0.38, missing the estimated $0.39, and total revenue of $1.07 billion, which was below the expected $1.14 billion. As a result, shares dropped approximately 8% in post-marke…
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 missing its estimated earnings and revenue targets due to a significant decline in cryptocurrency trading revenue. However, growth in other areas, such as prediction market bets, helped push overall revenue higher. The company reported adjusted earnings per share of $0.38, below the estimated $0.39, and total r…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings and revenue fell short of expectations, primarily due to a substantial decline in crypto trading revenue. However, growth in other areas drove overall revenue up by 15% to $1.07 billion. The company reported adjusted earnings per share of $0.38, missing the estimated $0.39, and total revenue of $1.07 billion, which was below the expected $1.14 billion. As a resu…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood's first-quarter earnings report revealed a notable shortfall in both earnings and revenue projections, primarily attributed to a substantial decline in cryptocurrency trading revenue. However, growth in other business segments helped boost overall revenue. The company reported adjusted earnings per share of $0.38, falling short of the estimated $0.39, and posted a 15% year-over-year rev…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plunges 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood (HOOD) failed to meet its first-quarter earnings and revenue expectations, primarily due to a substantial decline in crypto trading revenue, although growth in other areas pushed overall revenue higher. The company reported adjusted earnings per share of $0.38, falling short of the estimated $0.39, and total revenue of $1.07 billion, which was below the expected $1.14 billion. As a resu…
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 report revealed a notable shortfall in both earnings and revenue estimates, primarily attributed to a substantial decline in crypto trading revenue. However, growth in other areas of the business helped drive overall revenue up by 15% to $1.07 billion. The company's adjusted earnings per share were $0.38, falling short of Wall Street's estimated $0.39. As a resu…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood (HOOD) fell short of its first-quarter earnings and revenue projections, primarily due to a significant decline in cryptocurrency trading revenue, even as growth in other areas propelled overall revenue upward. The trading platform reported adjusted earnings per share of $0.38 for the first quarter, missing the Wall Street estimate of $0.39, according to FactSet data. Although the compa…
April 28, 2026, 8:28 p.m.