Crypto trading platform Coinbase is poised for better-than-expected, Q2 earnings despite ongoing legal pressure against the firm and other industry giants, analysts say.
Consensus estimates from the financial data company FactSet call for revenues to decline to $629 million, down from $773 million in the prior quarter. This is expected to come on the back of lower trading volume during that same period, projected at $114 million versus $145 million in Q1….
Read More: Coinbase Analysts Remain Positive Ahead of Q2 Earnings Despite Regulatory Uncertainties