A Peek at Cipher Mining's Future Earnings
Portfolio Pulse from Benzinga Insights
Cipher Mining (NASDAQ:CIFR) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $-0.07. The company's past performance shows mixed results, with a notable EPS beat last quarter but a subsequent share price drop. Analysts rate Cipher Mining as 'Outperform' with a potential 43.23% upside. The company is expanding in the Bitcoin mining sector, showing positive revenue growth but trailing peers in the Information Technology sector.
October 30, 2024 | 5:04 pm
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Cipher Mining is expected to release its earnings report with an anticipated EPS of $-0.07. Analysts rate the stock as 'Outperform' with a potential 43.23% upside. The company's past performance shows mixed results, with a recent EPS beat but a share price drop.
The upcoming earnings report is crucial for Cipher Mining, with analysts expecting an EPS of $-0.07. The stock is rated 'Outperform', suggesting positive sentiment. However, past performance shows volatility, with a previous EPS beat followed by a share price drop. This mixed history suggests a neutral short-term impact as investors await the actual results and guidance.
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