Earnings Calendar for the week 12 Feb 2024 - Can Coinbase ride the BTC ETF wave?

Earnings Calendar (12 Feb 2024)

There are a few earnings of interest for the coming week starting 12 Feb 2024 including Monday, Shopify, Occidental, Coinbase and Cisco.

Let us look at Coinbase.

Observations:

  • Since 2019, there has been an increase in revenue. However, there is a steep drop in revenue for 2022.

  • 2022 ended in an operating loss of $2.67B.

Observations for TTM:

  • TTM revenue has reached $2.78B

  • TTM total expenses have fallen from $5.86B to $4.12B.

  • There is an improvement in EPS from -11.81 to -3.20.

  • However, the business continues to experience net loss.

The stock has risen 138% from a year ago. Investing has recommended the stock as a “Strong Buy”. There is a strong crypto ETF interest in the market.

From the article above, there are concerns about the impact of ETFs on Coinbase.

For the coming earnings, investing has a forecast of 0.0443 and 826.69M for its EPS and revenue respectively. Can Coinbase surge from the recent crypto ETF?

@TigerStars

$Coinbase Global, Inc.(COIN)$

$Occidental(OXY)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment22

  • Top
  • Latest
  • Blinkfans
    ·02-11
    TOP
    Here to support bear son to win some rewards
    Reply
    Report
    Fold Replies
    • KYHBKO
      thank you for your support
      02-11
      Reply
      Report
  • Newnew
    ·02-11
    TOP

    Great ariticle, would you like to share it?

    Reply
    Report
    Fold Replies
    • KYHBKO
      thanks
      02-11
      Reply
      Report
  • Dan1192
    ·02-11
    TOP
    Great ariticle, would you like to share it?
    Reply
    Report
    Fold Replies
    • Dan1192Replying toKYHBKO
      Thank you for sharing!
      02-14
      Reply
      Report
    • KYHBKO
      thanks for sharing
      02-14
      Reply
      Report
  • Sonsonkok
    ·02-12
    TOP

    Great ariticle, would you like to share it?

    Reply
    Report
    Fold Replies
    • KYHBKO
      thanks for sharing.
      02-14
      Reply
      Report
  • SweetieLook
    ·02-13
    TOP

    Great ariticle, would you like to share it?

    Reply
    Report
    Fold Replies
    • KYHBKO
      thanks for sharing.
      02-14
      Reply
      Report
  • Z.C
    ·02-13
    TOP
    Great ariticle, would you like to share it?
    Reply
    Report
    Fold Replies
    • KYHBKO
      thanks for sharing this.
      02-14
      Reply
      Report
  • LiverpoolRed
    ·02-12
    TOP
    thanks for sharing
    Reply
    Report
    Fold Replies
    • KYHBKO
      you are welcome Frankie 
      02-14
      Reply
      Report
  • Crunch
    ·02-13

    Ji

    Reply
    Report
  • Aderai
    ·02-13

    Good

    Reply
    Report
    Fold Replies
    • KYHBKO
      thanks,
      02-14
      Reply
      Report
  • KSR
    ·02-12
    👍
    Reply
    Report
    Fold Replies
    • KYHBKO
      all the best too
      02-14
      Reply
      Report
  • AuntieAaA
    ·02-12
    GOOD
    Reply
    Report
    Fold Replies
    • KYHBKO
      thank you.
      02-14
      Reply
      Report