From Nasdaq
May 5, 2025 9:15 am:

Wall Street analysts project Coinbase Global, Inc. (COIN) to report earnings of $2.04 per share, a 23.6% increase YoY, with revenues expected at $2.19 billion, up by 33.4% from the previous year. EPS estimates have been revised 8.7% lower in the last 30 days, reflecting analysts’ reevaluation of initial estimates.

Analysts emphasize the importance of considering earnings estimate revisions before a company’s earnings announcement, as they can influence investor actions. Trends in earnings estimate revisions have shown a strong correlation with short-term stock price performance. Delving into key metrics beyond consensus estimates can offer a more comprehensive view of business performance.

Analysts predict various key metrics for Coinbase Global, including Net Revenue, Transaction Revenue, Other Revenue, and Trading Volume for both Institutional and Consumer segments. Projections indicate positive growth in most categories, reflecting an optimistic outlook on the company’s performance in the upcoming quarter.

Coinbase Global’s shares have shown a 27.6% return over the past month, outperforming the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), the company is expected to mirror overall market performance in the near future. Investors can access Zacks’ full list of Strong Buy stocks for further insights and opportunities in the market.

Read more at Nasdaq: Stay Ahead of the Game With Coinbase Global (COIN) Q1 Earnings: Wall Street’s Insights on Key Metrics