Should You Add Coinbase (COIN) to Your Kitty Before Q1 Earnings?

Coinbase (COIN) is set to report first-quarter 2024 earnings on May 2, after market close. The Zacks Consensus Estimate for first-quarter earnings per share is pegged at 89 cents on revenues of $1.2 billion. The top- and bottom-line estimates imply year-over-year improvements of 493.3% and 55.5%, respectively.Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. At present, Coinbase has an Earnings ESP ...