Earnings Outlook For Digihost Technology

Digihost Technology DGHI will release its quarterly earnings report on Friday, 2024-11-15. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Digihost Technology to report an earnings per share (EPS) of $-0.13.

Anticipation surrounds Digihost Technology's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.06, leading to a 3.86% drop in the share price on the subsequent day.

Here's a look at Digihost Technology's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.22 -0.04
EPS Actual -0.16 0.17 -0.34 0
Price Change % -4.0% 10.0% -5.0% 8.0%

Market Performance of Digihost Technology's Stock

Shares of Digihost Technology were trading at $1.88 as of November 13. Over the last 52-week period, shares are up 44.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Digihost Technology visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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