Stronghold Digital Mining Earnings Preview
Portfolio Pulse from Benzinga Insights
Stronghold Digital Mining (NASDAQ:SDIG) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.98. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Shares are currently trading at $4.87, down 10.79% over the last year. Investors will be keenly watching for both the earnings outcome and the company's future guidance.
March 05, 2024 | 7:03 pm
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Stronghold Digital Mining is expected to report an EPS of $-0.98 for the latest quarter. Historical performance shows mixed results, with the stock currently down 10.79% over the past year.
Given SDIG's mixed past earnings performance and the current negative year-to-date return, the upcoming earnings report and future guidance will be critical for investors. The expected EPS of $-0.98 sets a cautious tone, but any positive surprise in earnings or optimistic future guidance could influence the stock's short-term direction. However, the historical data shows that the stock's reaction to past earnings has been mixed, making it challenging to predict the short-term impact confidently.
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