Odaily News Coinbase will release its first quarter 2025 financial report on May 8. Several Wall Street institutions such as Barclays, JPMorgan, Compass Point and Oppenheimer predict that its earnings may be lower than market expectations, mainly due to the sharp slowdown in retail crypto trading activities. Analysts expect Coinbase's earnings per share to fall from $2.26 in the previous quarter to $1.93, and revenue to fall from $2.27 billion to $2.1 billion. Although subscription revenue from USDC interest and blockchain staking is expected to remain within the guidance range, partially alleviating the impact of the decline in trading revenue, analysts warned that profit margins may be under pressure and retail trading trends remain fragile as they enter the second quarter. (CoinDesk)
