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via seekingalpha.comBusiness & Companies

Coinbase Q3 earnings face falling estimates: can USDC stem the slide?

FROM THE WIRE · SEEKINGALPHA.COM

[Coinbase Releases Third-Quarter Financial Results] Leon Neal/Getty Images News Coinbase Global (COIN [https://seekingalpha.com/symbol/COIN]) is scheduled to report third-quarter earnings on Thursday, October 29, after the market closes. Wall Street expects…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFalling estimates ahead of results can weigh on the stock, relevant for the crypto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Coinbase reports third-quarter results Thursday, October 29, after the close.
  2. 02Analysts expect non-GAAP EPS of $0.07 and revenue of $1.22B.
  3. 03Estimates weakened over three months, with 14 downward versus three upward EPS revisions.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Coinbase Global, Inc.COINStock158.51 USD+0.39%today -1.60%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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