Wall Street analysts forecast that Robinhood Markets, Inc. (HOOD Quick QuoteHOOD - Free Report) will report quarterly earnings of $0.55 per share in its upcoming release, pointing to a year-over-year decline of 9.8%. It is anticipated that revenues will amount to $1.42 billion, exhibiting an increase of 11.4% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has undergone an upward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

With that in mind, let's delve into the average projections of some Robinhood Markets metrics that are commonly tracked and projected by analysts on Wall Street.

According to the collective judgment of analysts, 'Revenues- Other revenues' should come in at $128.79 million. The estimate suggests a change of +46.4% year over year.

The combined assessment of analysts suggests that 'Revenues- Net interest revenues' will likely reach $441.02 million. The estimate indicates a change of -3.3% from the prior-year quarter.

It is projected by analysts that the 'Revenues- Transaction-based revenues' will reach $847.75 million. The estimate indicates a year-over-year change of +16.1%.

The collective assessment of analysts points to an estimated 'Revenues- Transaction-based- Other' of $45.79 million. The estimate points to a change of -36.4% from the year-ago quarter.

Analysts' assessment points toward 'Revenues- Net interest revenues- Securities lending, net' reaching $13.18 million. The estimate indicates a change of -84.9% from the prior-year quarter.

Analysts predict that the 'Revenues- Net interest revenues- Interest on segregated cash, securities, and deposits' will reach $64.75 million. The estimate suggests a change of -37.1% year over year.

Analysts expect 'Revenues- Transaction-based- Cryptocurrencies' to come in at $135.64 million. The estimate suggests a change of -49.4% year over year.

Based on the collective assessment of analysts, 'Revenues- Transaction-based- Equities' should arrive at $120.34 million. The estimate suggests a change of +39.9% year over year.

The consensus among analysts is that 'Revenues- Transaction-based- Options' will reach $364.11 million. The estimate suggests a change of +19.8% year over year.

The average prediction of analysts places 'Revenues- Net interest revenues- Margin interest' at $240.20 million. The estimate indicates a change of +57% from the prior-year quarter.

The consensus estimate for 'Funded Customers' stands at 28.21 million. The estimate compares to the year-ago value of 26.80 million.

Analysts forecast 'Total Platform Assets - Total' to reach $385.68 billion. Compared to the present estimate, the company reported $332.70 billion in the same quarter last year.

Over the past month, Robinhood Markets shares have recorded returns of -16.9% versus the Zacks S&P 500 composite's no change. Based on its Zacks Rank #1 (Strong Buy), HOOD will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .