Coinbase Global Inc <COIN.OQ> expected to post earnings of $1.81 a share - Earnings Preview
Coinbase Global Inc COIN.OQ COIN.O is expected to show a rise in quarterly revenue when it reports results on February 14 for the period ending December 31 2024
The New York City-based company is expected to report a 92.0% increase in revenue to $1.832 billion from $953.8 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data. (Sales majority basis is on Total Revenue)
LSEG's mean analyst estimate for Coinbase Global Inc is for earnings of $1.81 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Coinbase Global Inc is $290.00, above its last closing price of $266.90.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.43 | 0.41 | 0.28 | Missed | -32 |
Jun. 30 2024 | 0.78 | 0.93 | 0.14 | Missed | -85 |
Mar. 31 2024 | 1.33 | 1.14 | 2.15 | Beat | 88.5 |
Dec. 31 2023 | 0.07 | -0.01 | 1.04 | Beat | 13,348.4 |
Sep. 30 2023 | -0.54 | -0.53 | -0.01 | Beat | 98.1 |
Jun. 30 2023 | -0.82 | -0.77 | -0.50 | Beat | 35.2 |
Mar. 31 2023 | -1.38 | -1.35 | -0.34 | Beat | 74.7 |
Dec. 31 2022 | -2.54 | -2.55 | -2.46 | Beat | 3.5 |
This summary was machine generated February 12 at 00:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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