Bitdeer Technologies Group reports results for the quarter ended September 30 - Earnings Summary
Bitdeer Technologies Group BTDR.OQ reported a quarterly adjusted loss of 35 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of nine analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -9 cents to 6 cents per share.
Revenue rose 13.7% to $62.03 million from a year ago; analysts expected $78.85 million.
Bitdeer Technologies Group's reported EPS for the quarter was a loss of 35 cents.
The company reported a quarterly loss of $50.1 million.
Bitdeer Technologies Group shares had risen by 41.6% this quarter and gained 12.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 79.5% in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"
Wall Street's median 12-month price target for Bitdeer Technologies Group is $14.00
This summary was machine generated from LSEG data November 18 at 02:05 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.10 | -0.35 | Missed |
Mar. 31 2024 | 0.00 | 0.01 | Beat |
Dec. 31 2023 | 0.12 | 0.01 | Missed |
Sep. 30 2023 | 0.01 | -0.05 | Missed |
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