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Stock impact report

Why Bit Digital, Inc. (BTBT) Outpaced the Stock Market Today [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
The stock's performance was ahead of the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.1%. The company's stock has dropped by 2.63% in the past month, exceeding the Business Services sector's loss of 5.08% and the S&P 500's loss of 3.01%. Investors will be eagerly watching for the performance of Bit Digital, Inc. in its upcoming earnings disclosure. On that day, Bit Digital, Inc. is projected to report earnings of $0.01 per share, which would represent year-over-year growth of 133.33%. In the meantime, our current consensus estimate forecasts the revenue to be $25.61 million, indicating a 209.64% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.02 per share and a revenue of $97.66 million, signifying shifts of +112.5% and +117.43%, respectively, from the last year. Additionally, investors should keep an eye on any recent revisi Show less Read more
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