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

Stronghold Digital Mining

29/03/2023 15:25

* Stronghold Digital Mining Inc  SDIG.OQ  reported a
quarterly
adjusted loss of 74 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for a loss of 36 cents per share.
    * Revenue rose 37.6% to $23.41 million from a year ago;
analysts
expected $19.96 million. 
    * Stronghold Digital Mining Inc's reported EPS for the
quarter was
a loss of 74 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stronghold Digital Mining Inc shares had risen by 21.1%
this
quarter.
    * The company reported a quarterly loss of $27.93 million.
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $2.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 29 at 02:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.36          -0.74          Missed
 Sep. 30 2022      -0.33          -0.85          Missed
 Jun. 30 2022      -0.21          -0.14          Beat
 Mar. 31 2022      -0.05          -0.66          Missed