
Coinbase is set to announce its Q3 earnings later today, with analysts anticipating results that could exceed consensus estimates. Kunal Goel, a noted analyst, has accurately predicted Coinbase's revenue within 2% of actual figures over the past five quarters. His insights suggest that the upcoming earnings report may reflect a continuation of this trend. Historically, Coinbase's stock has seen mixed reactions in after-hours trading following earnings announcements, with notable exceptions during particularly strong quarters, such as the end of 2023. As the announcement approaches, market participants are closely monitoring the situation for any indications of performance.
The Coinbase earnings report is now live and onchain. https://t.co/9gFdSRJx90
some color on the $COIN earnings after the close. historically COIN hasn't had very favorable after-hours moves post earnings, except for its blowout quarter at the end of 2023. check out @kunalgoel's quarterly blurb for better-than-the-street estimates before the print! https://t.co/V5cBv2CBlK https://t.co/QV4rMz5UG7
Can he do it again? @kunalgoel breaks down his estimates of @Coinbase's Q3 earnings. His earnings estimates have been close to spot-on for the last 5 quarters. Explore a preview before today's earnings call 👇 https://t.co/CE0pYwXFC5
