Coinbase: Market Underestimating A Blockbuster Quarter
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Coinbase is expected to significantly outperform Wall Street's Q4 2024 earnings estimates, with a projected revenue of $2.0 billion and EPS of $5.73. The company's inclusion in the S&P 500 in March is anticipated to drive substantial demand from ETFs and mutual funds.
February 02, 2025 | 7:15 am
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Coinbase is projected to exceed Q4 2024 earnings expectations with a 26% revenue beat and a 407% EPS beat. The company's inclusion in the S&P 500 is expected to drive significant buying interest.
Coinbase's expected earnings beat and S&P 500 inclusion are likely to drive its stock price up. The earnings beat indicates strong financial performance, while the S&P 500 inclusion will attract significant institutional buying.
CONFIDENCE 95
IMPORTANCE 100
RELEVANCE 100