This article is machine translated
Show original
Better-than-expected earnings couldn't save HOOD's stock price; it plummeted 8% in after-hours trading.
I. Key Q4 Earnings Data: A Mix of Earnings Surprises and Revenue Disappointments
Earnings Per Share (EPS): $0.66, exceeding FactSet's consensus estimate of $0.63
Revenue: $1.28 billion, a 26.5% year-over-year increase, but below the expected $1.35 billion
Net Profit: $605 million, a 34% year-over-year decrease, compared to $916 million in the same period last year
Full-Year Revenue: A record $4.5 billion
II. Cryptocurrency Business: From Growth Engine to Dragging Down Performance
Cryptocurrency Revenue: $221 million, a 38% year-over-year plunge
Total Transaction Revenue: $776 million, a 15% year-over-year increase, but below the expected $806 million
Year-to-date, HOOD's stock price has fallen by over 24%. HOOD's continued stock price decline is highly correlated with cryptocurrency price movements.
Despite the company's progress in traditional trading, prediction markets, and retirement services, it seems unlikely to fully offset the drag from its cryptocurrency business in the short term.
Trade US stocks with Maitong @MSX_CN
👉:msx.com/?code=reff_5J1DSN…

麦通MSX
@MSX_CN
$HOOD.M 盘后直接跌掉 8%,这份财报主打一个「间歇性努力,持续性凉凉」
虽然「氪金老粉」在疯狂充值,但 Robinhood 这一心想搞的「超级 App」梦,真的能跑赢这漫长的加密寒冬吗?🧐 x.com/MSX_CN/status/…


Genius trader Sasha 😎
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





