From Nasdaq: 2025-05-09 17:45:00

Bit Digital, Inc. (BTBT) closed at $2.08, holding steady from the previous day, outperforming the S&P 500’s loss of 0.07%. Over the past month, BTBT saw a 20.23% increase, surpassing the Business Services sector’s 16.17% gain and the S&P 500’s 13.74% increase.

Investors await Bit Digital, Inc.’s earnings release on May 15, 2025. Projections indicate an EPS of -$0.05, a 266.67% decrease from the previous year. Revenue is estimated at $26.21 million, a 13.46% decline from the same quarter last year. Analysts expect full-year earnings of -$0.04 per share and revenue of $158.34 million.

Recent analyst estimate revisions impact short-term business patterns. Positive adjustments can signal a favorable business outlook. Utilize the Zacks Rank model, which has a proven track record of delivering strong returns. BTBT currently holds a Zacks Rank of #3 (Hold).

The Technology Services industry, part of the Business Services sector, ranks in the top 26% of all industries with a Zacks Industry Rank of 63. Industries in the top 50% tend to outperform those in the bottom half by a ratio of 2 to 1. For more insights and data, visit Zacks.com for comprehensive information.

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