Wall Street analysts predict Coinbase Global, Inc. (COIN) to report quarterly earnings of $1.15 per share, a 66.1% decline from last year, with revenues expected to be $1.85 billion, down 18.8%. Consensus EPS estimates have decreased by 6.2% in the past 30 days, indicating analysts reassessing their initial estimates.

Analysts emphasize the importance of considering changes in earnings estimates before a company’s earnings disclosure, as revisions impact investor reactions. Analysts provide insights by forecasting key metrics such as ‘Net Revenue- Total Subscription and services’ at $754.65 million, ‘Other revenue’ at $73.68 million, and ‘Net Revenue- Transaction revenue’ at $1.03 billion.

The collective assessment of analysts estimates ‘Net revenue’ at $1.79 billion, ‘Net Revenue- Subscription and services- Blockchain’ at $181.61 million, ‘Net Revenue- Subscription and services- Other subscription and services’ at $147.41 million, and ‘Net Revenue- Subscription and services- Stablecoin Revenue’ at $366.91 million. They also forecast ‘Net Revenue- Subscription and services- Interest and finance fee income’ at $58.40 million.

Analysts predict ‘Net Revenue- Transaction revenue- Institutional, net’ to reach $177.51 million, ‘Trading Volume’ at $279.23 billion, ‘Trading Volume – Institutional’ at $228.36 billion, and ‘Trading Volume – Consumer’ at $54.33 billion. Coinbase Global’s shares have decreased by -31.4% in the past month, with a Zacks Rank #4 (Sell), indicating potential underperformance in the market.

Read more at Nasdaq: Insights Into Coinbase Global (COIN) Q4: Wall Street Projections for Key Metrics