Coinbase Global COIN reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Coinbase Global posted an EPS of $-4.98.
Revenue was down $1.42 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $2.15 which was followed by a 26.4% drop in the share price the next day.
Here’s a look at Coinbase Global’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 1.85 | 1.56 | 2.24 |
| EPS Actual | -1.98 | 3.32 | 1.62 | 6.42 |
| Revenue Estimate | 1.48B | 1.91B | 1.57B | 1.77B |
| Revenue Actual | 1.17B | 2.50B | 1.31B | 2.23B |
To track all earnings releases for Coinbase Global visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.