Coinbase Global, Inc. (COIN) Q3 Earnings and Revenues Surpass Estimates

Core Viewpoint - Coinbase Global, Inc. reported quarterly earnings of $1.44 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, and showing significant growth from $0.62 per share a year ago, indicating a strong earnings surprise of +39.81% [1] Financial Performance - The company achieved revenues of $1.87 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.09%, and up from $1.21 billion in the same quarter last year [2] - Over the last four quarters, Coinbase has exceeded consensus EPS estimates three times and topped revenue estimates twice [2] Stock Performance - Coinbase shares have increased approximately 40.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 17.2% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $1.15 for the coming quarter and $7.60 for the current fiscal year [4][7] - The Zacks Rank for Coinbase is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which Coinbase belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]