* Cipher Mining Inc is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2024
* The New York City-based company is expected to report a 131.8% increase in revenue to $50.752 million from $21.9 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Cipher Mining Inc is for earnings of 1 cent per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by about 7.4% in the last three months.
* Wall Street's median 12-month price target for Cipher Mining Inc is $5.00, above its last closing price of $3.93.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 -0.05 -0.04 0.05 Beat 220
Jan. 1 2023 -0.05 -0.05 -0.07 Missed -53.1
Jun. 30 2023 -0.02 -0.03 -0.05 Missed -92.3
Mar. 31 2023 -0.01 -0.02 -0.03 Missed -71.4
Dec. -0.06 -0.06 -0.21 Missed -223.1
31 2022
Sep. 30 2022 -0.07 -0.07 0.24 Beat 442.9
This summary was machine generated May 3 at 13:21 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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