Analyst: Coinbase expects to report revenue of $1.84 billion in the fourth quarter

2025-02-13 19:23:10

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ChainCatcher news, according to Barrons, based on analyst expectations compiled by FactSet, Coinbase is expected to report earnings per share (EPS) of $2.11 and revenue of $1.84 billion in the fourth quarter. This represents significant growth compared to the fourth quarter of 2023, which had an EPS of $1.04 and revenue of $954 million. Analysts estimate that Coinbase's total trading volume in the fourth quarter will be $216 billion, up from $185 billion in the third quarter and $154 billion in the fourth quarter of 2023.

While the growth is notable, it is still far below the $312 billion trading volume that Coinbase achieved in the first quarter of last year, when the approval of Bitcoin spot exchange-traded funds (ETFs) sparked a resurgence in cryptocurrency trading.

Investors will also be watching the continued growth of Coinbase's subscription and services business, which includes revenue earned from the stablecoin USDC. This segment is expected to generate $611 million in revenue, up from $375 million in the same period last year.

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