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Stock impact report

Bit Digital, Inc. (BTBT) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
This change lagged the S&P 500's daily gain of 1.54%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 2.27%. Prior to today's trading, shares of the company had lost 16.49% lagged the Business Services sector's loss of 6.8% and the S&P 500's gain of 0.29%. The upcoming earnings release of Bit Digital, Inc. will be of great interest to investors. The company is forecasted to report an EPS of $0, showcasing a 100% upward movement from the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.2 per share and a revenue of $114.89 million, indicating changes of +28.57% and +6.33%, respectively, from the former year. Investors might also notice recent changes to analyst estimates for Bit Digital, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as Show less Read more
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