Bitcoin Depot Inc reports results for the quarter ended March 31 - Earnings Summary

• Bitcoin Depot Inc BTM.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 2 cents to 19 cents per share.

• Revenue rose 18.5% to $164.23 million from a year ago; analysts expected $151.67 million.

• Bitcoin Depot Inc shares had risen by 12.6% this quarter and gained 4.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2,877.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

• Wall Street's median 12-month price target for Bitcoin Depot Inc is $4.00

This summary was machine generated from LSEG data May 15 at 01:31 p.m. UTC. ​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)