Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Coinbase's layer 2 blockchain Base has shown significant growth in revenues and usage, raising questions about its impact on the company's stock. With Q1 earnings report imminent, expectations are high as the stock has seen substantial gains over the past year. Analysts are optimistic about the earnings potential, especially considering the recent pullback in crypto prices.
source: $COIN Q4 2023 earnings report. https://t.co/71TLbyMp8z
Coinbase $COIN reports Q1 2024 results in ~24 hours (May 2, after close). Here’s what Wall Street is predicting vs. last quarter: • Revenue: $1,321m (+39%) • Net Income: $281m (+3%) • EPS: $1.15 (+11%) • Assets on Platform: $288b (+46%) • Monthly Transacting Users: 8.4m… https://t.co/iQegWqQVgN
$COIN first quarter earnings tomorrow. Interesting as it’s had a fat pull back because of crypto’s price action and earnings should be incredible.
