Argo Blockchain PLC expected to post a loss of 8 cents a share - Earnings Preview

Reuters
2024-11-18
<a href="https://laohu8.com/S/ARBKL">Argo Blockchain PLC</a> <arbk.oq> expected to post a loss of 8 cents a share - Earnings Preview </arbk.oq>
  • Argo Blockchain PLC ARBK.OQ, ARBK.O is expected to show a fall in quarterly revenue when it reports results on November 20 for the period ending September 30 2024

  • The London United Kingdom-based company is expected to report a 8.7% decrease in revenue to $9.502 million from $10.41 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Argo Blockchain PLC is for a loss of 8 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Argo Blockchain PLC is $1.00​, below​ its last closing price of $1.23. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.00

0.00

-0.05

Missed

-1,150

Mar. 31 2024

-0.05

-0.02

-0.20

Missed

-700

Dec. 31 2023

-0.15

-0.05

Beat

66.7​

Sep. 30 2023

-0.13

-0.14

-0.02

Beat

85.7

​​Jun. 30 2023

-0.18

-0.29

-0.12

Beat

58

Mar. 31 2023

-0.24

-0.18

-0.18

Met

2.1​

Dec. 31 2022

-0.22

Sep. 30 2022

-0.25

This summary was machine generated November 18 at 02:02 GMT. 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)

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