Company Overview - Robinhood Markets, Inc. (HOOD) shares increased by 23.5% in the last trading session, closing at $42.21, following a notable increase in trading volume compared to typical sessions [1] - The stock had previously experienced a 6% loss over the past four weeks [1] Market Influence - The sharp rally in Robinhood Markets shares was influenced by broad market strength after President Donald Trump's announcement of a 90-day suspension on tariffs for non-retaliating countries, which eased trade tensions and improved market sentiment [2] Earnings Expectations - The company is expected to report quarterly earnings of $0.35 per share, reflecting a year-over-year increase of 94.4% [3] - Revenues are projected to be $899.97 million, representing a 45.6% increase from the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for Robinhood Markets has been revised 0.6% lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] - The stock currently holds a Zacks Rank of 2 (Buy) [4] Industry Comparison - Robinhood Markets is part of the Zacks Financial - Investment Bank industry, where another stock, Tradeweb Markets (TW), closed 2% higher at $128.02, but has returned -7.3% over the past month [4] - Tradeweb's consensus EPS estimate has changed -1.4% over the past month to $0.85, which is a 19.7% increase compared to the previous year's EPS [5]
Robinhood Markets (HOOD) Moves 23.5% Higher: Will This Strength Last?