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Stock impact report

Why Bit Digital, Inc. (BTBT) Dipped More Than Broader Market Today [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
At the same time, the Dow lost 1.76%, and the tech-heavy Nasdaq lost 2.39%. The company's shares have seen an increase of 7.24% over the last month, surpassing the Business Services sector's loss of 3.38% and the S&P 500's gain of 1.63%. Analysts and investors alike will be keeping a close eye on the performance of Bit Digital, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.02, marking a 81.82% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $30.66 million, up 17.48% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.33 per share and revenue of $111.9 million, indicating changes of +217.86% and 0%, 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 Show less Read more
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