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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