Robinhood (HOOD) Earnings Preview: Crypto Revenue Seen Falling
5 Articles
5 Articles
Robinhood (HOOD) Earnings Preview: Crypto Revenue Seen Falling
Robinhood’s (HOOD) record crypto trading revenue from the last quarter of 2024 may prove hard to repeat, according to JPMorgan analyst Kenneth Worthington, who forecast a drop in digital asset volumes for the first quarter of this year.The online trading platform reports first quarter results after the U.S. market close on Wednesday.The fourth quarter's staggering 700% surge in cryptocurrency trading revenue was behind a sizable jump in HOOD's o…
Robinhood Faces Challenge in Repeating Crypto Revenue Succes
Robinhood's previous high crypto revenues are unlikely to occur in the next quarter. Trading volumes have declined in a cautious market environment, affecting revenues. Continue Reading:Robinhood Faces Challenge in Repeating Crypto Revenue Success The post Robinhood Faces Challenge in Repeating Cryp...
Robinhood Faces Challenge in Repeating Crypto Revenue Success
Robinhood's previous high crypto revenues are unlikely to occur in the next quarter. Trading volumes have declined in a cautious market environment, affecting revenues. Continue Reading: Robinhood Faces Challenge in Repeating Crypto Revenue Success The post Robinhood Faces Challenge in Repeating Cry...
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage