Stronghold Digital Mining Inc expected to post a loss of 41 cents a share - Earnings Preview

Stronghold Digital Mining

06/08/2024 19:02

* Stronghold Digital Mining Inc  SDIG.OQ   SDIG.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8 (estimated) for the period ending June 30 2024
    * The New York City-based  company is expected to report a
10.5% increase in revenue to $20.15 million from $18.23 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Stronghold Digital
Mining Inc
is for a loss of 41 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 was unchanged 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 $2.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.25       -0.22      0.35      Beat    256.7
 Dec. 31 2024  -1.03       -0.98      0.34      Beat    134.8
 Jan. 1 0001   -0.89       -0.95      -1.55     Missed  -63.2​
 Jan. 1 0001   -2.61       -2.59      -1.35     Beat    48
 ​​Mar.        -1.45       -1.43      -6.50     Missed  -353.5
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated August 6 at 18:02 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)