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)