Andy was a featured panelist discussing Coinbase's upcoming earnings call on Trading 360 with Nicole Petallides.
Previewing $COIN earnings 🪙@RunnymedeCap & @Oppenheimer's Owen Lau share their expectations for Coinbase ahead of today’s earnings release and assess the outlook for the crypto space as a whole with @NPetallides: https://t.co/tewXKpWwzO
— TD Ameritrade Network (@TDANetwork) February 21, 2023
Coinbase Global (COIN)
- Q4 EPS forecast of ($1.41) vs $3.32 a year ago
- Coinbase stock is strongly correlated to crypto prices
- Crypto markets have rallied but consumer confidence shaken by FTX bankruptcy
- Staking is not a major profit contributor but heightened regulation remains a risk