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Bitfarms (BITF) Earnings Date, Estimates & Call Transcripts

$2.02
+0.05 (+2.54%)
(As of 10/4/2024 08:49 PM ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 4Estimated
Actual EPS
(Aug. 8)
-$0.07 Beat By $0.04
Consensus EPS
(Aug. 8)
-$0.11
Skip Charts & View Estimated and Actual Earnings Data

BITF Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BITF Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Bitfarms Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242($0.02)($0.02)($0.02)
Q2 20242($0.14)($0.12)($0.13)
Q3 20242($0.21)($0.02)($0.12)
Q4 20242($0.20)($0.01)($0.11)
FY 20248($0.57)($0.17)($0.37)
Q1 20252($0.13)$0.02($0.06)
Q2 20252($0.09)$0.02($0.04)
Q3 20252($0.04)$0.02($0.01)
Q4 20252$0.03$0.03$0.03
FY 20258($0.23)$0.09($0.07)

BITF Earnings Date and Information

Bitfarms last issued its earnings data on August 8th, 2024. The reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04. The firm earned $41.55 million during the quarter, compared to analyst estimates of $44.59 million. Bitfarms has generated ($0.38) earnings per share over the last year (($0.38) diluted earnings per share). Earnings for Bitfarms are expected to grow in the coming year, from ($0.29) to ($0.11) per share. Bitfarms has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off prior year's report dates.

Bitfarms Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/4/2024
(Estimated)
------- 
8/8/2024Q2 2024($0.11)($0.07)+$0.04($0.07)$44.59 million$41.55 million
5/15/2024Q1 2024($0.03)($0.02)+$0.01($0.02)$50.51 million$50.32 million    
3/7/2024Q4 2023($0.04)($0.03)+$0.01$0.07$39.68 million$46.24 million    
11/6/2023Q3 2023($0.03)($0.07)($0.04)($0.07)$37.15 million$34.60 million    
8/8/2023Q2 2023($0.05)($0.07)($0.02)($0.04)$34.05 million$35.48 million    
5/15/2023Q1 2023($0.03)($0.01)+$0.02($0.01)$29.60 million$30.05 million    
3/21/2023Q4 2022($0.08)($0.07)+$0.01($0.06)$25.60 million$27.04 million    
11/14/2022Q3 2022($0.02)($0.08)($0.06)$0.24$37.60 million$33.25 million    
8/15/2022Q2 2022$0.05($0.05)($0.10)$0.60$48.30 million$41.82 million    
5/16/2022Q1 2022$0.04$0.02($0.02)$0.02$39.60 million$40.33 million    
3/28/2022Q4 2021$0.13$0.05($0.08)$0.05$62.60 million$59.60 million    
11/15/2021Q3 2021$0.20$0.06($0.14)($0.01)$46.60 million$44.77 million    
8/16/2021Q2 2021-$0.08+$0.08$0.18-$36.69 million  
5/26/2021Q1 2021-($0.06)($0.06)($0.06)-$28.43 million    
3/25/2021Q4 2020-($0.06)($0.06)($0.06)-$11.32 million
11/26/2020Q3 2020-($0.06)($0.06)($0.06)-$6.80 million
8/28/2020Q2 2020-($0.04)($0.04)($0.04)-$7.37 million
6/24/2020Q1 2020-($0.03)($0.03)($0.03)-$9.21 million
4/29/2020Q4 2019-$0.02+$0.02$0.02-$10.54 million

Bitfarms Earnings - Frequently Asked Questions

When is Bitfarms's earnings date?

Bitfarms has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off last year's report dates. Learn more on BITF's earnings history.

Did Bitfarms beat their earnings estimates last quarter?

In the previous quarter, Bitfarms (NASDAQ:BITF) reported ($0.07) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.11) by $0.04. Learn more on analysts' earnings estimate vs. BITF's actual earnings.

How much revenue does Bitfarms generate each year?

Bitfarms (NASDAQ:BITF) has a recorded annual revenue of $172.70 million.

How much profit does Bitfarms generate each year?

Bitfarms (NASDAQ:BITF) has a recorded net income of -$104.04 million. BITF has generated -$0.38 earnings per share over the last four quarters.

What is Bitfarms's EPS forecast for next year?

Bitfarms's earnings are expected to grow from ($0.29) per share to ($0.11) per share in the next year.


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This page (NASDAQ:BITF) was last updated on 10/7/2024 by MarketBeat.com Staff
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