Stronghold Digital Mining Inc expected to post a loss of 14 cents a share - Earnings Preview

Stronghold Digital Mining

09/05/2023 16:38

* Stronghold Digital Mining Inc  SDIG.OQ   SDIG.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 11. 
    * The New York City-based  company is expected to report  a
34.2% decrease in revenue to $18.895 million from $28.7 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stronghold Digital
Mining
Inc is for a loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 12.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $2​, above​ its last closing price
of $0.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.35       -0.36      -0.74     Missed  -107
 Sep. 30 2022  -0.35       -0.33      -0.85     Missed  -160.2
 Jun. 30 2022  -0.20       -0.21      -0.14     Beat    34.9​
 Mar. 31 2022  -0.06       -0.05      -0.66     Missed  -1,100
 ​​Dec.        -0.04       0.02       -0.52     Missed  -2,988
 31 2021                                                .9
 Sep. 30 2021  -0.17       -0.17      -6.05     Missed  -3,458
                                                        .8​
 This summary was machine generated May 9 at 15:38 GMT.  All
figures in US dollars  unless otherwise stated