Robinhood Smashes Q1 Earnings & Boosts Buybacks Like A Boss! đŸ’°đŸ’„

Here’s the Scoop: đŸ„„

  • Robinhood beats the odds, crushing estimates like a superhero. đŸ’Ș
  • Revenue took a little dip, but hey, who isn’t affected by a chilly market? đŸ„¶
  • Analysts say Coinbase might be feeling the squeeze too, but they’re keeping their heads high. 💅

Hold onto your hats! Robinhood (HOOD) just made analysts look like they were guessing the weather in the Arctic! With an adjusted earnings per share of $0.37, they beat predictions of $0.33. Yeah, you read that right—HOOD is flexing on Wall Street. đŸ’°đŸ’„

And while their total revenue was $927 million—down from the $1 billion last quarter—Robinhood still managed to outshine the street’s expectations of $920.1 million. Not bad for a little dip in the market, huh? đŸ€·â€â™‚ïž Crypto-related revenue? A cool $252 million, DOUBLE what it was last year. I’m talking DOUBLE, baby! đŸ”„đŸ“ˆ

Now, as for transaction-based revenue, it slipped a little to $583 million. Yeah, that’s a 13% dip from last quarter, but don’t worry! Robinhood’s still got plenty of tricks up its sleeve. 😎✹

Remember last quarter, when everyone was partying like it was the end of the world with that crypto surge? Well, things cooled off after Donald Trump’s *big* day in the White House. đŸŸđŸ„ł But hey, no worries—Robinhood’s riding the storm like a champ.

And just when you thought they couldn’t do more, here comes the $500 million add-on to their existing $1 billion buyback program. Hold up, that’s $1.5 billion in total! You know what they say—spend money like it’s going out of style! đŸ€‘đŸ’ž

So, while Coinbase is preparing to report on May 8 with a little dip in revenue (expected to fall to $2.1 billion from $2.27 billion), Robinhood’s ready to keep rolling. Analysts are saying Coinbase might not feel the sting as bad, but that’s a battle for another day. đŸ„Š

As for HOOD shares, they dipped 2.2% in after-hours action. But let’s be honest, after making these moves, who cares? 💅

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2025-04-30 23:55