Odaily Planet Daily News: According to analysts' expectations compiled by FactSet, Coinbase is expected to report earnings per share (EPS) of $2.11 and revenue of $1.84 billion in the fourth quarter. This is a significant increase compared to the earnings per share of $1.04 and revenue of $954 million in the fourth quarter of 2023. Analysts estimate that Coinbase's total trading volume in the fourth quarter was $216 billion, higher than the $185 billion in the third quarter and the $154 billion in the fourth quarter of 2023. Although the growth is significant, it is still far below the $312 billion trading volume set by Coinbase in the first quarter of last year, when the approval of Bitcoin spot exchange traded funds (ETFs) sparked a renewed wave of cryptocurrency trading. Investors will also pay attention to the continued growth of Coinbase's subscription and service business, including the revenue earned by the company from stablecoin USDC. The expected revenue for this department is 611 million US dollars, higher than the 375 million US dollars in the same period last year. （Barrons）
