Bit Digital's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Bit Digital (NASDAQ:BTBT) is expected to report a Q4 earnings per share (EPS) of $-0.05 on March 18, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. Historically, Bit Digital has shown the ability to surpass EPS estimates, leading to significant stock price movements. Over the last year, BTBT shares have increased by 62.69%, with the stock trading at $2.1 as of March 14.
March 15, 2024 | 3:01 pm
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Bit Digital is anticipated to report a Q4 EPS of -$0.05, with a history of surpassing estimates. Shares have risen 62.69% over the past year.
Given Bit Digital's history of surpassing EPS estimates and the positive stock performance over the past year, there is a strong likelihood of a positive short-term impact on BTBT's stock price, especially if the company beats the EPS estimate and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100