Coinbase Prepares for Q2 Earnings as Revenue Expectations Decline

Coinbase Global, Inc. (NASDAQ:COIN) is set to release its second quarter earnings report on July 30, after the closing bell.

The consensus estimate for Coinbase's quarterly revenue is $1.29 billion, down from last year's $1.5 billion. The company is also expected to report a loss of 23 cents per share, compared to earnings of $5.14 per share in the same period last year.

Coinbase recently settled its SEC records lawsuit for $150,000 and a policy overhaul, after jumping 10% on Clarity Act optimism just a day prior.