Bit Digital Inc BTBT.OQ BTBT.O is expected to show a rise in quarterly revenue when it reports results on November 18 for the period ending September 30 2024
The New York City-based company is expected to report a 124.4% increase in revenue to $25.94 million from $11.56 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 2 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $6.00, above its last closing price of $4.38.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.03 | -0.09 | Missed | -227.3 | |
Jan. 1 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 |
Sep. 30 2022 | -0.06 | -0.06 | -0.17 | Missed | -183.3 |
This summary was machine generated November 15 at 13:40 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)
