Robinhood Q4 Earnings Top on Trading Surge & Higher NIR, Stock Up

Shares of Robinhood Market Inc. (HOOD) surged 15.4% in after-market hours on better-than-expected quarterly results. Its fourth-quarter 2024 adjusted earnings per share of 54 cents handily surpassed the Zacks Consensus Estimate of 42 cents. Moreover, the figure compared favorably with earnings of 3 cents in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited substantially from the crypto-trading boom, higher net interest revenues (NIR) and a jump ...