Btcs Inc Reports Results For The Quarter: Earnings Summary

BTCS

14/11/2024 04:12

* BTCS Inc  BTCS.OQ  reported a quarterly adjusted loss
of 56
cents​​ per share for the quarter , lower than the same quarter
last year, when the company reported EPS of -4 cents.  The lone
analyst forecast for the quarter was for a loss of 6 cents per
share. 
    * Revenue rose 133.7% to $739.00 thousand from a year ago;
analysts expected $600.00 thousand. 
    * BTCS Inc's reported EPS for the quarter was a loss of 56
cents​.
    * The company reported a quarterly loss of $9.04 million.
    * BTCS Inc shares had risen by 148.3% this quarter and
gained 76.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for BTCS Inc is $3.00
This summary was machine generated from LSEG data November 14 at
04:11 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.06          -0.56          Missed
 Jun. 30 2024      -0.04          -0.43          Missed
                                  0.63           
 Dec. 31 2023      -0.09          0.77           Beat