Over 2 Years Ago
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COIN reports earnings next week. Lets find out what's happening:
Coinbase Global Inc (COIN) is reporting earnings on Tuesday. Lets focus in on how the stock is performing.
Analysts are estimating Coinbase Global Inc will report an EPS (earnings per share) of -$1.21, -$2.80 on a GAAP basis, on a Revenue Estimate of $876M. Over the last 90 days, there have been 8 downward revisions and none upward. They are expected to report 08/09/2022, after the market close.
EPS Revisions (Last 90 Days)*
08
COIN bulls will be waiting to hear two things. The first is that the reported EPS beat the estimates of analysts. The stock will move on that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. COIN bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This is because the company's earnings report is a snapshot of the company's performance, and the analysts' estimates are a consensus projection of the company's future.
As of August 01 shares of COIN are trading at $62.96. Over the last 52-week period, the price is down -82.93%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.
Analysts are estimating Coinbase Global Inc will report an EPS (earnings per share) of -$1.21, -$2.80 on a GAAP basis, on a Revenue Estimate of $876M. Over the last 90 days, there have been 8 downward revisions and none upward. They are expected to report 08/09/2022, after the market close.
EPS Revisions (Last 90 Days)*
08
COIN bulls will be waiting to hear two things. The first is that the reported EPS beat the estimates of analysts. The stock will move on that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. COIN bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This is because the company's earnings report is a snapshot of the company's performance, and the analysts' estimates are a consensus projection of the company's future.
As of August 01 shares of COIN are trading at $62.96. Over the last 52-week period, the price is down -82.93%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.
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