What Analyst Projections for Key Metrics Reveal About Robinhood Markets (HOOD) Q2 Earnings

Core Viewpoint - Robinhood Markets, Inc. (HOOD) is expected to report a significant increase in quarterly earnings and revenues, indicating strong performance compared to the previous year [1][2]. Earnings and Revenue Estimates - Analysts predict quarterly earnings of $0.31 per share, reflecting a 47.6% increase year-over-year [1]. - Revenues are forecasted to be $915.2 million, representing a year-over-year increase of 34.2% [1]. Revisions and Consensus Estimates - The consensus EPS estimate has been revised upward by 9.6% over the past 30 days, indicating analysts' positive reassessment of the company's performance [2]. - Analysts emphasize the importance of earnings estimate revisions in predicting investor reactions and stock performance [3]. Key Revenue Metrics - Transaction-based revenues from options are expected to reach $252.24 million, a year-over-year increase of 38.6% [5]. - Transaction-based revenues from equities are estimated at $68.11 million, reflecting a 70.3% increase [5]. - Transaction-based revenues from cryptocurrencies are projected to be $156.51 million, indicating a 93.2% year-over-year change [5]. - Other transaction-based revenues are expected to reach $42.53 million, a 77.2% increase [6]. - Total transaction-based revenues are forecasted at $508.44 million, representing a 55.5% increase [6]. Interest Revenues - Net interest revenues from margin interest are expected to be $115.71 million, reflecting a 58.5% increase year-over-year [7]. - Net interest revenues from securities lending are projected at $25.67 million, indicating a decrease of 24.5% [6]. - Total net interest revenues are estimated to reach $307.76 million, a year-over-year increase of 8% [7]. Customer Metrics and Assets - Funded customers are expected to reach 26.31 million, up from 24.20 million in the same quarter last year [8]. - Total assets under custody are projected to be $244.77 billion, compared to $139.70 billion in the same quarter last year [9]. Market Performance - Shares of Robinhood Markets have increased by 20.6% in the past month, outperforming the Zacks S&P 500 composite, which moved up by 4.6% [9].