Robinhood exceeds revenue expectations with strong fourth-quarter results
- Robinhood's fourth-quarter revenue soared to $1.01 billion, above expectations.
- Trade Desk's shares plummeted by 29% due to disappointing quarterly results.
- Overall, companies displayed mixed results in premarket trading on February 13, 2025.
In the United States, several companies reported their quarterly financial results on February 13, 2025, with notable movements in premarket trading. Robinhood, the digital trading platform, experienced a significant rally of 13% after announcing a revenue of $1.01 billion for the fourth quarter, surpassing the analysts' expectation of $944.6 million. In addition to this positive report, Robinhood's full year revenue also exceeded forecasts with a total reaching $4.35 billion. On the other hand, Trade Desk faced a sharp decline, with shares plunging by 29% due to disappointing quarterly revenue results. The company's reported sales of $741 million fell short of the LSEG consensus estimate of $759 million. Trade Desk's cautious guidance for the first quarter also alarmed investors, forecasting revenues of at least $575 million, below the expected $592 million. Dutch Bros demonstrated resilience as it reported a profit of $0.07 per share on $343 million in revenue, comfortably beating the analyst's expectations. Furthermore, the company provided an optimistic forecast for the full year 2025, projecting revenues between $1.555 billion and $1.575 billion, indicating a solid growth trajectory. More encouragingly, they see same-store sales climbing between 2% and 4% for the year. Meanwhile, beverage giant Molson Coors benefited from its strong quarterly results, with shares increasing nearly 7%. The company reported revenues of $2.74 billion, surpassing the expected $2.70 billion, contributing to positive sentiment among its investors. Sony also enjoyed a favorable reaction from the market, as its U.S.-listed shares gained more than 4% following positive fiscal third-quarter results, leading to an upgrade in guidance for the full year. In contrast, Kraft Heinz experienced a downturn with a 1.6% drop due to downgrades from major analysts following poor fourth-quarter revenue results.