Stronghold Digital Mining Inc reports results for the quarter ended in December - Earnings Summary

Stronghold Digital Mining

30/03/2022 07:53

* Stronghold Digital Mining Inc  SDIG.OQ  reported a
quarterly
adjusted loss of 52 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue was $17.01 million​;  analysts expected $18.68
million. 
    * Stronghold Digital Mining Inc's reported EPS for the
quarter was
a loss of 52 cents​.
    * The mean earnings estimate of analysts had fallen by
about 41.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Stronghold Digital Mining Inc shares had fallen by 20.2%
this
quarter.
    * The company reported a quarterly loss of $8.18 million.
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 30 at 06:52 a.m.  ​All
figures in US dollars unless otherwise stated