Internet reports that cryptocurrency trading platform Coinbase (COIN) is about to announce its first-quarter financial results against a turbulent background. Wall Street institutional analysts expect its results to fall short of expectations. The downturn in retail trading may hit the platform's most profitable business segment. The company is scheduled to release its quarterly report after hours on Thursday, according to FactSet data. Analysts forecast that its earnings per share (EPS) will fall to $1.93 from $2.26 in the fourth quarter of last year, and revenue will fall to $2.1 billion from $2.27 billion. Compared with the same period last year's EPS of US$4.40 and revenue of US$1.2 billion, there was a significant decline. Trading volume for the quarter is expected to reach US$403.8 billion, down from US$439 billion in the fourth quarter of last year. JPMorgan lowered its EPS forecast to $1.59, pointing out that Coinbase's trading volume shrank 10% during the quarter and the total market value of crypto fell 17%. If the impact of impairment of crypto assets is excluded, the adjusted EPS can reach US$2.39, benefiting from cost control and stable subscription income.