Bitfarms Ltd <BITF.TO> expected to post a loss of 3 cents a share - Earnings Preview
Bitfarms Ltd BITF.TO is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025
The Toronto Ontario-based company is expected to report a 33.8% increase in revenue to $67.33 million from $50.32 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Bitfarms Ltd is for a loss of 3 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 5.3% in the last three months.
Wall Street's median 12-month price target for Bitfarms Ltd is $3.13, above its last closing price of $1.08.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | -0.04 | -0.04 | 0.03 | Beat | 175 |
Sep. 30 2024 | -0.11 | -0.10 | -0.08 | Beat | 16.7 |
Jun. 30 2024 | -0.11 | -0.11 | -0.07 | Beat | 35.2 |
Mar. 31 2024 | -0.02 | -0.02 | -0.02 | Met | 20 |
Dec. 31 2023 | -0.03 | -0.03 | -0.19 | Missed | -605.5 |
Sep. 30 2023 | -0.05 | -0.04 | -0.07 | Missed | -51.1 |
Jun. 30 2023 | -0.05 | -0.05 | -0.06 | Missed | -9.1 |
-0.01 |
This summary was machine generated May 12 at 13:47 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)
Related Articles
[HOTSPOT ANALYSIS] ECB June Policy Rate Commentary: Euro Dynamics Driven by the Fed, Not the ECB
TradingKey - On 5 June 2025, the European Central Bank (ECB) met market expectations by reducing interest rates by 25 basis points, bringing the deposit facility rate to 2%.
[IN-DEPTH ANALYSIS] Does Walmart Deserve its High Valuation?
TradingKey - Investors tend to misunderstand Walmart‘s business. We should no longer see it as a mature supermarket chain with growing e-commerce arm, but more as a e-commerce business with a very strong network of fulfilemnt centers and various growing business lines to support the e-commerce.
Ray Dalio’s 2025 Portfolio: A Macro Masterclass in Diversified Precision
TradingKey - Ray Dalio's Bridgewater Associates had a striking diversified holding of 664 stocks valued at $21.55 billion in equity value through the period ended March 31, 2025. And at a turnover of 31% in Q1, the highest since well over a year, Dalio's strategy is far from static.
[IN-DEPTH ANALYSIS] MercadoLibre: The Rise of Latin America's Digital Empire, Balancing Opportunities and Challenges
TradingKey - MercadoLibre is the leading e-commerce and fintech company in Latin America, deeply rooted in 19 countries and covering a young market of 670 million people. It leads the industry with its first-mover advantage and localized operation..jpg)
[IN-DEPTH ANALYSIS] U.S. Treasury Turmoil: If It Happens Again, What Would Be the Impact on U.S. Stocks and the Dollar?
TradingKey - The "One Big Beautiful Bill", Moody's downgrade of the U.S. sovereign credit rating, underwhelming U.S. Treasury auction results, and fading expectations for Federal Reserve rate cuts collectively triggered the U.S. Treasury turmoil on 21 May 2025.
