Coinbase (COIN) Tops Q2 EPS by $4.18

(Updated - August 10, 2021 4:04 PM EDT)

Coinbase (NASDAQ: COIN) reported Q2 EPS of $6.42, $4.18 better than the analyst estimate of $2.24. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $1.77 billion.

• Q3 2021 In July, retail MTUs and total Trading Volume were 6.3 million and $57.0 billion, respectively, as crypto asset prices and crypto asset volatility declined significantly relative to Q2 levels. August month-to-date, retail MTUs and Trading Volume levels have slightly improved compared to July levels but remain lower than earlier in the year. As a result, we believe retail MTUs and total Trading Volume will be lower in Q3 as compared to Q2.
• Full Year 2021 We are updating our full-year 2021 MTU scenarios to reflect year-to-date results and current market conditions.

For earnings history and earnings-related data on Coinbase (COIN) click here.

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