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Stock impact report

Bit Digital, Inc. (BTBT) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
0.8%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%. Coming into today, shares of the company had gained 9.72% in the past month. In that same time, the Business Services sector gained 1.33%, while the S&P 500 gained 8.11%. The upcoming earnings release of Bit Digital, Inc. will be of great interest to investors. The company is expected to report EPS of -$0.04, up 20% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $24.12 million, down 3.89% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.12 per share and revenue of $143.41 million, indicating changes of +47.83% and +26.24%, respectively, compared to the previous year. Investors might also notice recent changes to analyst estimates for Bit Digital, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we Show less Read more
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