Analysts Expect Strong Q3 for Coinbase But Disagree Sharply on Its Future
Coinbase (COIN) is set to report third-quarter earnings Thursday after market close, and Wall Street is largely expecting a beat on revenue. According to FactSet, analysts estimate the crypto exchange will post earnings per share (EPS) of 0.28 from Q3 last year — and revenue of 1.2 billion in the same period of 2024. But the optimism is far from uniform. Analysts at JP Morgan, Barclays and Compass Point agree on strength in blockchain rewards, USDC yields and ...