Stronghold Digital Mining Inc expected to post a loss of 62 cents a share - Earnings Preview

Reuters
2024-11-11
Stronghold Digital Mining Inc <sdig.oq> expected to post a loss of 62 cents a share - Earnings Preview </sdig.oq>
  • Stronghold Digital Mining Inc SDIG.OQ SDIG.O is expected to show a fall in quarterly revenue when it reports results on November 13 for the period ending September 30 2024

  • The New York City-based company is expected to report a 8.9% decrease in revenue to $16.15 million from $17.73 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Stronghold Digital Mining Inc is for a loss of 62 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "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 Stronghold Digital Mining Inc is $6.00​, above​ its last closing price of $5.38. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.42

-0.41

-1.26

Missed

-207.3

Mar. 31 2024

-0.25

-0.22

0.35

Beat

256.7

Jan. 1 0001

-0.98

0.34

Beat

134.8​

Sep. 30 2023

-0.89

-0.95

-1.55

Missed

-63.2

​​Jan. 1 0001

-2.61

-2.59

-1.35

Beat

48

Jan. 1 0001

-1.45

-1.43

-6.50

Missed

-353.5​

Jan. 1 0001

-3.50

-3.57

-7.40

Missed

-107

Sep. 30 2022

-3.46

-3.27

-8.50

Missed

-160.2

This summary was machine generated November 11 at 15:33 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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