Stronghold Digital Mining Inc expected to post a loss of $2.59 a share - Earnings Preview

Stronghold Digital Mining

08/08/2023 19:16

* Stronghold Digital Mining Inc  SDIG.OQ   SDIG.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 10. 
    * The New York City-based  company is expected to report  a
29.5% decrease in revenue to $20.56 million from $29.18 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stronghold Digital
Mining
Inc is for a loss of $2.59 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $20​, above​ its last closing price
of $6.80. ​​​

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  -1.45       -1.43      -6.50     Missed  -353.5
 Dec. 31 2023  -3.50       -3.57      -7.40     Missed  -107
 Sep. 30 2022  -3.46       -3.27      -8.50     Missed  -160.2
                                                        ​
 Jun. 30 2022  -2.05       -2.15      -1.40     Beat    34.9
 ​​Mar.        -0.62       -0.55      -6.60     Missed  -1,100
 31 2022                                                
 Dec. 31 2021  -0.39       0.18       -5.20     Missed  -2,988
                                                        .9​
 Sep. 30 2021  -1.70       -1.70      -60.50    Missed  -3,458
                                                        .8
 This summary was machine generated August 8 at 18:16 GMT.  All
figures in US dollars  unless otherwise stated