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Coinbase Global earnings preview: Will Bitcoin prices boost the company's performance

1. Coinbase will report Q4 results on February 13. 2. Expected EPS is $1.85, driven by rising Bitcoin prices. 3. Increasing Bitcoin value can positively influence COIN's performance. 4. Consensus revenue estimates reflect market optimism about COIN. 5. Crypto market trends directly impact Coinbase's financial metrics.

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FAQ

Why Bullish?

Rising Bitcoin prices typically lead to increased trading volume and revenue for Coinbase, similar to past quarters where a Bitcoin surge helped boost earnings beyond expectations.

How important is it?

The timing of the earnings report and its relation to Bitcoin prices could significantly affect investor sentiment and trading decisions for COIN.

Why Short Term?

The upcoming earnings report and Bitcoin price volatility suggest imminent effects but may stabilize afterwards, as seen in prior earnings cycles.

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