Valued at $96.6 billion by market cap, New York-based Coinbase Global, Inc. (COIN) operates the world’s largest crypto trading platform with operations spanning North America and internationally. It offers the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers.
The crypto giant is expected to announce its third-quarter results by the end of this month. Ahead of this event, analysts expect COIN to deliver an adjusted profit of $1.04 per share, up a massive 67.7% from $0.62 per share reported in the year-ago quarter. While the company has missed the Street’s bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions.
