Bitfarms Q4 EPS $(0.19) Misses $(0.03) Estimate
Portfolio Pulse from Benzinga Newsdesk
Bitfarms (NASDAQ:BITF) reported a Q4 EPS loss of $(0.19), significantly missing the analyst consensus estimate of $(0.03) by 533.33%.
March 07, 2024 | 12:28 pm
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NEGATIVE IMPACT
Bitfarms reported a Q4 EPS loss of $(0.19), missing the consensus estimate of $(0.03) by a wide margin.
The significant miss in earnings per share (EPS) for Q4 indicates potential operational or market challenges faced by Bitfarms, likely leading to negative investor sentiment and a potential short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100