COIN closed the latest trading day at $167.69, indicating a -0.73% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.97%.
Coinbase Global, Inc. (NASDAQ:COIN) stock closed Monday at $167.69, indicating a -0.73% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.97%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.45%.
Heading into today, shares of the company had gained 8.95% over the past month, outpacing the Business Services sector's gain of 4.27% and the S&P 500's gain of 5.41% in that time.
The upcoming earnings release of Coinbase Global, Inc. will be of great interest to investors. On that day, Coinbase Global, Inc. is projected to report earnings of $0.37 per share, which would represent year-over-year growth of 3800%. In the meantime, our current consensus estimate forecasts the revenue to be $1.26 billion, indicating an 87.23% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.20 per share and a revenue of $5.66 billion, signifying shifts of +1305.41% and +82.09%, respectively, from the last year.
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