Cipher Mining Inc expected to post a loss of 6 cents a share - Earnings Preview

Cipher Digital

02/05/2025 14:16

Cipher Mining Inc CIFR.OQ CIFR.O is expected to show a rise in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The New York City-based  company is expected to report a 12.3% increase in revenue to $54.053 million from $48.14 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Cipher Mining Inc is for a loss of 6 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 4.3% in the last three months. ‚Äč

Wall Street's median 12-month price target for Cipher Mining Inc is $7.65‚Äč, above‚Äč its last closing price of $3.12. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.04
-0.05
0.06
Beat
221.9
Sep. 30 2024
-0.08
-0.08
-0.26
Missed
-225.4
Jun. 30 2024
-0.06
-0.05
-0.05
Met
-6.1‚Äč
Mar. 31 2024
0.03
0.01
0.13
Beat
1,416.9
‚Äč‚ÄčDec. 31 2023
-0.05
-0.04
0.05
Beat
220
Sep. 30 2023
-0.05
-0.05
-0.07
Missed
-53.1‚Äč
Jun. 30 2023
-0.02
-0.03
-0.05
Missed
-92.3
Mar. 31 2023
-0.01
-0.02
-0.03
Missed
-71.4

This summary was machine generated May 2 at 13:16 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)