Stronghold Digital Mining Inc expected to post a loss of 33 cents a share - Earnings Preview

Stronghold Digital Mining

08/11/2022 03:13

* Stronghold Digital Mining Inc  SDIG.OQ   SDIG.O  is
expected
to show a rise in quarterly revenue when it reports  results on
November 9. 
    * The New York City-based  company is expected to report  a
342.9% increase in revenue to $26.658 million from $6.02 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stronghold Digital
Mining
Inc is for a loss of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $3​, above​ its last closing price
of $0.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.04       0.02       -0.52     Missed  -2,988
                                                        .9​
 Sep. 30 2021  -0.17       -0.17      -6.05     Missed  -3,458
                                                        .8
 ​​                                                     
                                                        ​
 This summary was machine generated November 8 at 03:12 GMT.  All
figures in US dollars  unless otherwise stated