Robinhood Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
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Robinhood Markets, Inc. is set to report Q2 earnings on July 30, with analysts predicting earnings of 35 cents per share, up from 30 cents last year, and revenue of $913.33 million, compared to $682 million a year earlier. The company has exceeded revenue estimates in two consecutive quarters. Recent analyst ratings include Piper Sandler's Overweight rating with a price target increase to $110, and Morgan Stanley's Equal-Weight rating with a target raised to $110. Robinhood shares fell 3.2% to $103.32 on Tuesday.
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