Great ariticle, would you like to share it?
Earnings Calendar for the week 12 Feb 2024 - Can Coinbase ride the BTC ETF wave?
@KYHBKO: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 $Coinbase Global, Inc.(COIN)$ $Occidental(OXY)$
Earnings Calendar for the week 12 Feb 2024 - Can Coinbase ride the BTC ETF wave?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.