Bit Digital Inc <BTBT.OQ> expected to post a loss of 4 cents a share - Earnings Preview
Bit Digital Inc BTBT.OQ BTBT.O is expected to show a rise in quarterly revenue when it reports results on March 14 for the period ending December 31 2024
The New York City-based company is expected to report a 56.1% increase in revenue to $25.062 million from $16.05 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Bit Digital Inc is for a loss of 4 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Bit Digital Inc is $5.96, above its last closing price of $2.37.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.03 | -0.02 | -0.26 | Missed | -1,081.8 |
Jun. 30 2024 | -0.03 | -0.03 | -0.09 | Missed | -227.3 |
Mar. 31 2024 | 0.01 | 0.01 | 0.03 | Beat | 300 |
Dec. 31 2023 | -0.03 | -0.05 | -0.02 | Beat | 57.9 |
Sep. 30 2023 | -0.06 | -0.06 | -0.08 | Missed | -41.2 |
Jun. 30 2023 | -0.08 | -0.09 | -0.03 | Beat | 65.4 |
Mar. 31 2023 | -0.13 | -0.13 | -0.03 | Beat | 76.9 |
Dec. 31 2022 | -0.10 | -0.11 | -0.16 | Missed | -39.1 |
This summary was machine generated March 12 at 12:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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