From Nasdaq

February 11, 2025 11:30:00 AM:

The 2024 Q4 earnings season is off to a positive start, with many companies reporting solid results and optimistic outlooks. Robinhood (HOOD) and Coinbase (COIN) are among the notable companies reporting this week, with expectations of strong performance due to increased crypto trading volumes.

Robinhood’s shares have surged over 50% this year, with analysts predicting significant growth in earnings per share and sales. The company’s crypto revenue is expected to see a substantial increase, reflecting the growing interest in cryptocurrency trading.

Coinbase, the largest U.S. cryptocurrency exchange, is also expected to deliver strong results. Analysts have raised their estimates for both earnings per share and sales, anticipating solid growth. Despite some mixed results in transaction-based revenue, Coinbase is poised for growth in the current trading environment.

Read more at Nasdaq: COIN & HOOD Earnings: Will Higher Crypto Volumes Provide Tailwinds?