Bit Digital, Inc. expected to post a loss of 4 cents a share - Earnings Preview
Bit Digital, Inc. expected to post a loss of 4 cents a share - Earnings Preview
Bit Digital, Inc. BTBT.OQ BTBT.O is expected to show a fall in quarterly revenue when it reports results on August 13 for the period ending June 30 2026
The New York City-based company is expected to report a 7.6% decrease in revenue to $23.709 million from $25.66 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for Bit Digital, Inc. is for a loss of 4 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 $5.50, about 302.9% above its last closing price of $1.37
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.04 | -0.04 | -0.44 | Missed | -1,000 |
Dec. 31 2026 | -0.01 | -0.02 | -0.61 | Missed | -3,559.3 |
Sep. 30 2025 | -0.01 | 0.00 | 0.47 | Beat | 9,500 |
Jun. 30 2025 | -0.02 | -0.02 | 0.07 | Beat | 450 |
Mar. 31 2025 | -0.05 | -0.05 | -0.32 | Missed | -492.6 |
Dec. 31 2024 | -0.04 | -0.04 | 0.20 | Beat | 554.5 |
Sep. 30 2024 | -0.03 | -0.02 | -0.26 | Missed | -1,081.8 |
Jun. 30 2024 | -0.03 | -0.03 | -0.09 | Missed | -227.3 |
This summary was machine generated August 7 at 16:44 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)