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Robinhood's Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading
Robinhood (HOOD) fell short of its first-quarter earnings and revenue projections, primarily due to a sharp decline in cryptocurrency trading revenue. However, growth in other sectors helped drive 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 expected $1.14 billion. As a resul…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plummets 8% Following Disappointing Earnings Report Amid Weak 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. However, growth in other sectors pushed overall revenue higher. The company reported adjusted earnings per share of $0.38, missing the Wall Street estimate of $0.39. Total revenue increased 15% year-over-year to $1.07 billion, yet fell short …
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, below the estimated $0.39, and total revenue of $1.07 billion, missing the projected $1.14 billion. The company's stock price subsequently dropped around 8% in post-market trading. A significant decline in crypto-related revenue, which decreased by 47% to $134 milli…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Price Drops 8% Following a Significant Earnings Miss Driven by Weak Crypto Trading Revenue
Robinhood reported a disappointing first-quarter earnings result, missing both earnings and revenue estimates, largely 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. As a res…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's 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 crypto trading revenue. However, growth in other sectors of the business helped push overall revenue higher. The company reported adjusted earnings per share of $0.38, missing the Wall Street estimate of $0.39. Total revenue increased 15% year-over-year to $1.07 billion, bu…
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Plunges 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 adjusted earnings per share of $0.38, below the estimated $0.39, and revenue of $1.07 billion, missing the projected $1.14 billion. The company's stock price dropped approximately 8% in post-market trading. A significant decline in crypto-related revenue, which decreased by 47% to $134 million, was a …
April 28, 2026, 8:28 p.m.
Markets
Robinhood's Stock Remains Unfazed by 47% Plunge in Cryptocurrency Revenue Amid Event Betting Boom
Robinhood (HOOD) has reported a significant decline in cryptocurrency trading revenue for the first quarter of 2026, yet the company's overall revenue has increased due to growth in other areas of its business. The revenue from cryptocurrency-related activities dropped by 47% to $134 million, down from $252 million in the same period of 2025, as disclosed in the company's earnings release. Th…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Shares Plummet 8% Following Earnings Disappointment Amid Sluggish Crypto Revenue
Robinhood's first-quarter earnings fell short of expectations due to a significant decline in cryptocurrency trading revenue. The company reported adjusted earnings per share of $0.38, below the estimated $0.39, and total revenue of $1.07 billion, which was 15% higher than the previous year but short of the predicted $1.14 billion. As a result, shares declined by approximately 8% in post-market t…
April 28, 2026, 8:28 p.m.
Markets
Robinhood Stock Plummets 8% Following Disappointing Earnings Report Due to Sluggish Crypto Trading Revenue
Robinhood experienced a shortfall in its first-quarter earnings and revenue projections, largely attributed to a substantial decline in crypto trading revenue. However, growth in other sectors of the business led to a 15% year-over-year increase in total revenue, amounting to $1.07 billion. The company reported adjusted earnings per share of $0.38, falling short of the estimated $0.39. As a resul…
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 fell short of expectations, with the company missing its estimated earnings per share and revenue targets. The trading platform reported adjusted earnings per share of $0.38, below the estimated $0.39, and total revenue of $1.07 billion, which was lower than the expected $1.14 billion. As a result, the company's stock price dropped approximately 8% in pos…
April 28, 2026, 8:28 p.m.