👉 : coinbase reports earnings after the market closes on thursday, feb. 24, 2022, and the market doesn't seem to be expecting a lot from the company. shares of the stock are down 47% since the third-quarter 2021 earnings report was released, and cryptocurrency in general has been under a lot of pressure in those three months. but investors should keep in mind how coinbase makes money. it doesn't need cryptocurrency prices to rise to make money; it needs people to make transactions. and transactions of cryptocurrencies like  ethereum  up since the third quarter, indicating that coinbase's results may be better than hoped. 