Bakkt Holdings Inc expected to post a loss of $2.08 a share - Earnings Preview
13/05/2024 21:52
* Bakkt Holdings Inc BKKT.N BKKT.K is expected to show a
rise
in quarterly revenue when it reports results on May 15 for the
period ending March 31 2024
* The Alpharetta Georgia-based company is expected to
report a
37.7% increase in revenue to $17.9 million from $13 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Bakkt Holdings Inc is
for a
loss of $2.08 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.
* Wall Street's median 12-month price target for Bakkt
Holdings
Inc is $21.88, above its last closing price of $9.84.
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 -2.50 -3.29 -7.25 Missed -120.2
Sep. 30 2023 -3.28 -4.17 -4.75 Missed -13.8
Jun. 30 2023 -3.98 -4.92 -4.75 Beat 3.6
Mar. 31 2023 -5.57 -4.54 -4.25 Beat 6.3
Dec. -4.44 -4.43 -31.00 Missed -599.3
31 2022
Sep. 30 2022 -2.93 -2.95 3.52 Beat 12,040
hundred .7
Jun. 30 2022 -3.92 -4.04 -1.25 Beat 69
Mar. 31 2022 -4.25 -4.25 -3.00 Beat 29.4
This summary was machine generated May 13 at 20:52 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)