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Cryptocurrency exchange, Coinbase Q2 Earnings: Bitcoin break-out, User growth

Seeking Alpha2021-08-10

  • Three-months into its public debut, Coinbase Global, Inc. is scheduled to announce Q2 earnings results on Tuesday, August 10th, after market close.
  • The consensus EPS Estimate is $2.57 and the consensus Revenue Estimate is $1.83B.
  • CNBC cites Blue Line Capital founder and President Bill Baruch, "I think their user growth is going to exceed verified users of 60M, and I think that's going to be sort of a benchmark that they're going to continue to feed on. Trading activity's where they get paid as well. I think that's going to pick up" even if major crypto assets such as bitcoin or ethereum struggle."
  • Results from the quarter are seen higher from the world's second largest cryptocurrency exchange by volume despite bitcoin plunging $30K lower in Q2.
  • Over the last 3 months, EPS estimates have seen 4 upward revisions and 0 downward. Revenue estimates have seen 6 upward revisions and 0 downward.
  • The company's stock price is trading 6.7% higher in trading session today as price of bitcoin has broken out to a multi-month high of $45.8K.
  • SA Contributor Brian Gilmartin, CFA has provided an in-depth analysis on Coinbase Earnings indicating to watch out the 2022 EPS and Revenue Estimates.
  • With a Bullish rating, SA Contributor The Asian Investor indicates that the stock is a buy based on growth and valuation.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论24

  • 我i168
    ·2021-08-11
    [Miser] [Cool] 
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  • james_l
    ·2021-08-10
    Hoping it beats EPS and revenues..
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  • KCEric
    ·2021-08-10
    Like 
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  • Pluto891
    ·2021-08-10
    either make or break for Coinbase tonight.. vested interest
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    • RichWife
      Hi
      2021-08-10
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  • Blueman13
    ·2021-08-10
    Soon crashes to hell
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    • julianttw
      Why like that
      2021-08-10
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  • 小小爆米花
    ·2021-08-10
    Nice 
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  • sk5735
    ·2021-08-10
    To the moon
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  • MO75
    ·2021-08-10
    User growing
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    收起
    • koolgal
      That's true.
      2021-08-15
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  • EHG
    ·2021-08-10
    Like 
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  • DELFINO
    ·2021-08-10
    Like and comment ty!
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    • XiuJ
      Ok
      2021-08-10
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    • MO75
      ok
      2021-08-10
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  • lowniu
    ·2021-08-10
    Like please. Thx 
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    • DELFINO
      Ok
      2021-08-10
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  • Ericteo
    ·2021-08-10
    good
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  • Khoo12
    ·2021-08-10
    Yes
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  • pangchingwen
    ·2021-08-10
    good
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    • Limth
      nice
      2021-08-10
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  • JaneJane
    ·2021-08-10
    🤔没上过
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  • andrew123
    ·2021-08-10
    Good timing to ancc result. Mkt bullish .
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  • Jkan
    ·2021-08-10
    Lets go coin
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    • Kayabunz
      let's goooooooo
      2021-08-10
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    • Dem0171c
      commented
      2021-08-10
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  • bluewave
    ·2021-08-10
    Like please. Thanks 
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    • babyya
      👍
      2021-08-10
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    • andrew123
      done .like back
      2021-08-10
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    • pangchingwen
      goos
      2021-08-10
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  • ken26ksh
    ·2021-08-10
    Awesome, hope everyone wins big here 💪🏻💪🏻
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  • terry26
    ·2021-08-10
    To the moon 🚀🚀 like my post too!! 
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    • Jkan
      Ok
      2021-08-10
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