• Cipher Mining Inc CIFR.OQ reported a quarterly adjusted loss of 26 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of ten analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -12 cents to -5 cents per share.

• Revenue fell 20.5% to $24.10 million from a year ago; analysts expected $29.22 million.

• Cipher Mining Inc's reported EPS for the quarter was a loss of 26 cents​.

• The company reported a quarterly loss of $86.75 million.

• Cipher Mining Inc shares had risen by 36.4% this quarter and gained 27.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 84.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Cipher Mining Inc is 7.25

This summary was machine generated from LSEG data November 1 at 03:44 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)