Stronghold Digital Mining Inc expected to post a loss of 22 cents a share - Earnings Preview

Stronghold Digital Mining

30/04/2024 17:48

* Stronghold Digital Mining Inc  SDIG.OQ   SDIG.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 2 for the period ending March 31 2024
    * The New York City-based  company is expected to report a
68.0% increase in revenue to $29.01 million from $17.27 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Stronghold Digital
Mining Inc
is for a loss of 22 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 301.4% in the last three months. ​
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $7.00​, above​ its last closing price
of $3.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -1.03       -0.98      0.34      Beat    134.8
 Sep. 30 2023  -0.89       -0.95      -1.55     Missed  -63.2
 Jun. 30 2023  -2.61       -2.59      -1.35     Beat    48​
 Mar. 31 2023  -1.45       -1.43      -6.50     Missed  -353.5
 ​​Dec.        -3.50       -3.57      -7.40     Missed  -107
 31 2022                                                
 Sep. 30 2022  -3.46       -3.27      -8.50     Missed  -160.2
                                                        ​
 Jun. 30 2022  -2.05       -2.15      -1.40     Beat    34.9
 Jan. 1 0001   -0.62       -0.55      -6.60     Missed  -1,100
 This summary was machine generated April 30 at 16:48 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)