Bit Digital BTBT is set to give its latest quarterly earnings report on Monday, 2024-11-18. Here's what investors need to know before the announcement.
Analysts estimate that Bit Digital will report an earnings per share (EPS) of $0.00.
The announcement from Bit Digital is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Past Earnings Performance
The company's EPS missed by $0.06 in the last quarter, leading to a 20.74% increase in the share price on the following day.
Here's a look at Bit Digital's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 0.01 | -0.05 | -0.06 |
| EPS Actual | -0.09 | 0.43 | 0.12 | -0.03 |
| Price Change % | 21.0% | -3.0% | -1.0% | 7.000000000000001% |
Bit Digital Share Price Analysis
Shares of Bit Digital were trading at $4.38 as of November 14. Over the last 52-week period, shares are up 86.83%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Bit Digital visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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