BTCS Inc reports results for the quarter - Earnings Summary

Reuters
2024-11-14

* BTCS Inc reported a quarterly adjusted loss of 56 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -4 cents. The lone analyst forecast for the quarter was for a loss of 6 cents per share.

* Revenue rose 133.7% to $739.00 thousand from a year ago; analysts expected $600.00 thousand.

* BTCS Inc's reported EPS for the quarter was a loss of 56 cents​.

* The company reported a quarterly loss of $9.04 million.

* BTCS Inc shares had risen by 148.3% this quarter and gained 76.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 20% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for BTCS Inc is $3.00 This summary was machine generated from LSEG data November 14 at 04:11 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.06 -0.56 Missed

Jun. 30 2024 -0.04 -0.43 Missed

0.63

Dec. 31 2023 -0.09 0.77 Beat

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