Live Markets
Connecting to live market indices...
Crypto News

Coinbase Q2 Earnings Preview: Guidance and Diversification in Focus

Coinbase Q2 Earnings Preview: Guidance and Diversification in Focus

Coinbase reports Q2 earnings after the close on July 30, with Wall Street expecting a soft quarter. Consensus revenue sits near $1.31 billion, down roughly 13% year over year. The EPS consensus has slipped to about $0.15, while HC Wainwright projects $0.05.

The bigger question is whether management can justify Coinbase’s valuation through stronger guidance and growing revenue beyond spot trading.Estimate cuts have been broad. Barclays expects Q2 trading volume near $152 billion, below the Street consensus of roughly $178 billion.

The bank also sees adjusted EBITDA about 3% below consensus and revenue near the lower end of guidance. Softer crypto prices and slower USDC growth remain the biggest headwinds.Clear Street forecasts roughly $160 billion in trading volume and adjusted EBITDA near $301 million.

JPMorgan also cut its price target from $283 to $196 on July 17.

This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.

BTC ETH
Read Full Article at Source

FAQs

You can click the "Read Full Article at Source" button above. It will route you directly to the original publisher's website where the article is hosted in full.

Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

TRADEMINATI X is an automated real-time cryptocurrency news aggregator. It fetches and analyzes RSS feeds, organizing publications by coin hashtags to make tracking specific assets efficient.
Ad Space