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

Stronghold Digital Mining

16/08/2022 22:07

* Stronghold Digital Mining Inc  SDIG.OQ  reported a
quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
June. The mean expectation of six analysts for the quarter was
for a loss of 21 cents per share.
    * Revenue was $29.18 million​; analysts expected $34.86
million. 
    * Stronghold Digital Mining Inc's reported EPS for the
quarter was
a loss of 82 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,175% 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 117.5%
this
quarter and lost 71.9% so far this year.
    * The company reported a quarterly loss of $16.7 million.
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $7.00 
    * 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 from Refinitiv data August 16
at 09:07 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.21          -0.14          Beat
 Mar. 31 2022      -0.05          -0.66          Missed
 Dec. 31 2021      0.02           -0.52          Missed
 Sep. 30 2021      -0.17          -6.05          Missed