Earnings Preview: Applied Digital Corporation (APLD) Q4 Earnings Expected to Decline
APLDApplied Digital (APLD) ZACKS·2024-07-15 23:00

The market expects Applied Digital Corporation (APLD) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, i ...