Robinhood Markets, Inc. (HOOD Quick QuoteHOOD - Free Report) reported $682 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 40.3%. EPS of $0.21 for the same period compares to $0.03 a year ago.

The reported revenue represents a surprise of +8.05% over the Zacks Consensus Estimate of $631.18 million. With the consensus EPS estimate being $0.15, the EPS surprise was +40.00%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Robinhood Markets performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Assets Under Custody - Total

  : $139.7 billion versus the three-analyst average estimate of $139.7 billion.

• Funded Customers

  : $24.20 million versus $24.50 million estimated by three analysts on average.

• Monthly Active Users (MAU)

  : $11.80 million versus the two-analyst average estimate of $11.70 million.

• Revenues- Transaction-based- Options

  : $182 million compared to the $152.63 million average estimate based on three analysts. The reported number represents a change of +43.3% year over year.

• Revenues- Transaction-based- Equities

  : $40 million versus the three-analyst average estimate of $36.14 million. The reported number represents a year-over-year change of +60%.

• Revenues- Transaction-based- Cryptocurrencies

  : $81 million compared to the $81.98 million average estimate based on three analysts. The reported number represents a change of +161.3% year over year.

• Revenues- Transaction-based- Other

  : $24 million versus the three-analyst average estimate of $11.25 million. The reported number represents a year-over-year change of +140%.

• Revenues- Transaction-based revenues

  : $327 million versus $282.01 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +69.4% change.

• Revenues- Other revenues

  : $70 million compared to the $67.89 million average estimate based on three analysts. The reported number represents a change of +66.7% year over year.

• Revenues- Net interest revenues- Margin interest

  : $73 million versus $81.38 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +28.1% change.

• Revenues- Net interest revenues- Securities lending, net

  : $34 million versus the three-analyst average estimate of $20.03 million. The reported number represents a year-over-year change of +25.9%.

• Revenues- Net interest revenues

  : $285 million compared to the $274.36 million average estimate based on three analysts. The reported number represents a change of +21.8% year over year.

View all Key Company Metrics for Robinhood Markets here>>>

Shares of Robinhood Markets have returned -23.3% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.