Bakkt Holdings Inc expected to post a loss of 20 cents a share - Earnings Preview

Bakkt

08/08/2023 15:27

* Bakkt Holdings Inc  BKKT.N   BKKT.K  is expected to show a
rise
in quarterly revenue when it reports  results on August 10. 
    * The Alpharetta Georgia-based  company is expected to
report  a
26.5% increase in revenue to $17.198 million from $13.6 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bakkt Holdings Inc
is for
a loss of 20 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "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 Bakkt
Holdings
Inc is $1.25​, below​ its last closing price of $1.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.22       -0.18      -0.17     Beat    6.3
 Dec. 31 2023  -0.18       -0.18      -1.24     Missed  -599.3
 Sep. 30 2022  -0.12       -0.12      14.09     Beat    12,040
                                                        .7​
 Jun. 30 2022  -0.16       -0.16      -0.05     Beat    69
 ​​Mar.        -0.17       -0.17      -0.12     Beat    29.4
 31 2022                                                
 Dec. 31 2021              -1.06                        ​
 This summary was machine generated August 8 at 14:27 GMT.  All
figures in US dollars  unless otherwise stated