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

Stronghold Digital Mining

09/11/2022 23:34

* Stronghold Digital Mining Inc  SDIG.OQ  reported a
quarterly
adjusted loss of 85 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for a loss of 33 cents per share.
    * Revenue rose 311.2% to $24.75 million from a year ago;
analysts
expected $26.66 million. 
    * Stronghold Digital Mining Inc's reported EPS for the
quarter was
a loss of 85 cents​.
    * The mean earnings estimate of analysts had fallen by
about 197%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Stronghold Digital Mining Inc shares had fallen by 20.5%
this
quarter and lost 93.6% so far this year.
    * The company reported a quarterly loss of $20.6 million.
    * Wall Street's median 12-month price target for Stronghold
Digital Mining Inc is $3.00 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 11:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.02           -0.52          Missed