From Nasdaq

February 13, 2025 5:25:07 pm:

Coinbase Global, Inc. (COIN) reported quarterly earnings of $3.39 per share, beating estimates by 74.74%. Revenues of $2.27 billion also surpassed expectations. The stock has outperformed the S&P 500 this year. Management’s commentary will impact future stock movement. Estimate revisions show a favorable trend, giving COIN a Zacks Rank #2 (Buy).

XP Inc.A (XP) in the same industry is expected to report quarterly earnings of $1.39 per share, with revenues of $725.38 million. The stock has yet to release its results for December 2024. The consensus EPS estimate has remained unchanged over the last 30 days. XP Inc.A expects a year-over-year change of +231%.

Investors are looking for the next steps for Coinbase Global, Inc. (COIN) after its strong earnings report. Analysts suggest monitoring earnings outlook, estimate revisions, and industry performance. The Zacks Rank #2 (Buy) indicates potential for outperformance. Industry rank for Financial – Miscellaneous Services is in the top 19%. XP Inc.A is another stock to watch in the sector.

Read more at Nasdaq: Coinbase Global, Inc. (COIN) Q4 Earnings and Revenues Surpass Estimates