Crypto traders are anticipating a significant Q1 earnings beat for Coinbase, with projections of $1.5 billion in net revenue, surpassing Wall Street's estimates. The upcoming earnings call on May 2 is expected to showcase strong performance and potential market guidance.
ππ‘π ππ§π π¨π πππ² ππππ. This is the date for $COIN first quarter earnings. Currently trading at $220. All time highs were at $357.39. Hereβs why Iβm bullish $COIN ahead of its earnings date on the 2nd of May: πβ¦
Worth noting much of that revenue is status post Dencun 2 months ago wen @base szn first began. Growth continues to be parabolic so $COIN feels like a comfy hodl. Monitoring that revenue + @coinbase trading volume will be key to determine when to exit $COIN this cycle. π«‘ https://t.co/QKIoclgoFU
Just over a week until $COIN earnings. Very excited to see what @brian_armstrong and the team have been doing. I know that Wall st doesn't factor in the profit margins of base properly, and will be blown away on May 2nd. https://t.co/z53BNMGrNG
One of the comfiest holds this bull has been $coin. Next earnings call on 5/2. Itβs going to be a huge beat. But markets are forward looking and theyβll have a month of data to provide some guidance on whatβs next. With market volatility, $btc etf and @base success β¦β¦ https://t.co/j9oXFqDF0z
Crypto traders anticipate a massive Q1 earnings beat for @coinbase, projecting a whopping $1.5 billion in net revenue, far above Wall Streetβs consensus estimates. https://t.co/S5A6KheN6E