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Can crypto traders out-predict Wall Street on Coinbase Q1 earnings?

Can crypto traders out-predict Wall Street on Coinbase Q1 earnings?

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Source: Coin Telegraph

Coinbase has surpassed EPS estimates for the last four quarters, and crypto analysts expect this trend to continue next week.

Coinbase is set to share its financial performance for the first quarter of 2024, sparking differing expectations between the crypto community and traditional investors over the anticipated figures.

Speculation is mounting whether the crypto community predictions will be more accurate than the typical investment analyst ahead of Coinbase announcing its financial results on May 2.

Researcher for crypto research company Messari, Kunal Goel, explained that over the last three quarters, his Coinbase revenue estimates “have handily beaten consensus analyst estimates.”

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Author: Ciaran Lyons