Coinbase Glb Q2 2024 GAAP EPS $0.14, Sales $1.449B Beat $1.396B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coinbase Global (NASDAQ: COIN) reported Q2 2024 earnings per share (EPS) of $0.14 and sales of $1.449 billion, surpassing the analyst consensus estimate of $1.396 billion. This represents a 104.69% increase in sales compared to the same period last year.
August 01, 2024 | 8:14 pm
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Coinbase Global reported Q2 2024 earnings per share of $0.14 and sales of $1.449 billion, beating analyst estimates. This marks a significant 104.69% increase in sales year-over-year.
The strong earnings report, with both EPS and sales surpassing analyst estimates, and a significant year-over-year sales increase, is likely to positively impact Coinbase's stock price in the short term.
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