![Coinbase surges 37% as BTC pumps and analysts tip strong Q4 results](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDIvZWYzY2I0NWQtYjlhZS00MmRiLTk0MWUtY2M5MzU3MThjZjA3LmpwZw==.jpg)
Coinbase shares have surged ahead of its fourth-quarter earnings call on Thursday, with analysts tipping likely strong trading volumes in the quarter.
Shares in crypto exchange Coinbase have gained 37% over the past week alongside a recent surge in Bitcoin (BTC) and while analysts expect strong numbers when the firm reports its fourth-quarter results on Thursday.
According to aggregated data from MarketWatch and FactSet, analyst consensus is tipping a strong revenue boost for Coinbase in the fourth quarter, increasing by around 22% from the third quarter to $825 million.
Some of this is predicted to come from strong trading volumes, with analysts estimating a near doubling from $76 billion in Q3 to $142.7 billion in Q4.
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Source: https://cointelegraph.com/news/coinbase-q4-earnings-share-price-surges-bitcoin-pump