Bitfarms Ltd. (BITF) Reports Q1 Loss, Lags Revenue Estimates
BITFBitfarms .(BITF) Zacks Investment Research·2024-05-15 21:15

Bitfarms Ltd. (BITF) came out with a quarterly loss of 0.02pershareversustheZacksConsensusEstimateofalossof0.02 per share versus the Zacks Consensus Estimate of a loss of 0.03. This compares to loss of 0.01pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof33.330.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of 0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%. Over the last four quarters, the company has surpassed ...