Insights Ahead: HIVE Digital Technologies's Quarterly Earnings

HIVE Digital Technologies HIVE is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.

Analysts are estimating that HIVE Digital Technologies will report an earnings per share (EPS) of $-0.09.

Anticipation surrounds HIVE Digital Technologies'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

Last quarter the company beat EPS by $0.04, which was followed by a 1.79% increase in the share price the next day.

Here's a look at HIVE Digital Technologies's past performance and the resulting price change:

HIVE Digital Technologies Share Price Analysis

Shares of HIVE Digital Technologies were trading at $5.25 as of November 11. Over the last 52-week period, shares are up 69.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for HIVE Digital Technologies visit their earnings calendar on our site.

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