Robinhood Markets Inc Class A
HOOD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <! | LOCK|^xPSZ | LOCK|Vn@Kjn# |
Robinhood Earnings: Strong Equity Markets, World Cup Trading Propel Neobroker; Shares Expensive
Robinhood posted solid second-quarter earnings, although the shares were down 2%-3% initially in July 29 aftermarket trading. The firm's $1.31 billion in net revenue represented 32% annual growth, while its $0.48 in diluted EPS, adjusted for a one-time gain, was up a healthy 13%.
