Coinbase Scheduled to Report Q3 Earnings Amid Lowered Wall Street Estimates
Coinbase Global (COIN) is set to release its third-quarter financial results on Thursday, October 29, following the market close. Analysts have adjusted expectations downward, with current Wall Street estimates projecting non-GAAP earnings per share of $0.07 and total revenue of approximately $1.22 billion. Investors are closely monitoring several key performance indicators to gauge the company's health, including crypto trading volumes, subscription and services revenue, and the effectiveness of recent cost-control measures. A significant point of interest will be whether stablecoin activity, specifically through USDC, can provide a buffer against potentially weaker earnings.
Tickers: $COIN
Topics: crypto trading activity earnings expectation revenue guidance
Read the full article at Seeking Alpha
Part of the story Corning Forecasts Q4 Core Earnings Above Wall Street Estimates Driven by AI Demand (2 articles)