Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Several Wall Street institutions expect Coinbase's Q1 earnings to be affected by weak trading
2025-05-07 15:54

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)