Robinhood Markets Inc Class A
HOOD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %W? | LOCK|>F!@ | LOCK|VL<^@> |
Robinhood Earnings: Solid Results Fail To Live up to Lofty Market Expectations; Shares Expensive
Robinhood reported solid third-quarter results, with strong client risk appetite driving 19% annual growth in both transaction-based revenue and platform assets, offsetting interest rate headwinds. Still, missing S&P consensus estimates on both sales and EPS sent shares tumbling after hours.
