From Nasdaq:

Coinbase Global is set to report fourth-quarter 2023 earnings on Feb 15. The upcoming quarterly results could reflect trading volumes weighed down by a decline in crypto asset volatility, indicating a decline of 20% from the year-ago reported number.

Though trading volumes have declined, transaction revenues are likely to have improved. Our model shows an earnings beat for Coinbase this time, predicting a positive earnings ESP of +108.33%.

Investors can also consider other companies like Arch Capital Group, Energy Transfer, and Kraft Heinz that have the right combination to beat on earnings in this reporting cycle. These are reported to have earned beats in the last few quarters.

The upcoming quarterly results could be of high interest to investors, and it will be revealing to see if Coinbase will maintain its earnings surprise streak.



Read more: Will Higher Average Fees Aid Coinbase (COIN) in Q4 Earnings?