Wall Street Projects 48% Decline In Coinbase Q1 EPS Despite Bull Run

As Coinbase Global Inc.’s (COIN) latest quarterly earnings report inches closer, Wall Street analysts have offered their projections for the cryptocurrency exchange platform. Despite the ongoing bull run in the crypto market, expectations for the Coinbase Q1 2024 report indicate a stark 48% decline in GAAP earnings per share (EPS) compared to the previous quarter.