Zacks: Analysts Expect Stronghold Digital Mining Inc (NASDAQ:SDIG) Will Post Earnings of -$0.23 Per Share

Equities analysts expect Stronghold Digital Mining Inc (NASDAQ:SDIG) to post earnings per share (EPS) of ($0.23) for the current quarter, Zacks reports. Two analysts have made estimates for Stronghold Digital Mining’s earnings. The firm is scheduled to announce its next earnings report after the market closes on Tuesday, November 30th.

On average, analysts expect that Stronghold Digital Mining will report full-year earnings of ($0.26) per share for the current year, with EPS estimates ranging from ($0.26) to ($0.25). For the next fiscal year, analysts forecast that the company will report earnings of $1.37 per share, with EPS estimates ranging from $1.13 to $1.61. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Stronghold Digital Mining.

Several research firms have recently commented on SDIG. DA Davidson began coverage on Stronghold Digital Mining in a research note on Tuesday, November 16th. They set a “buy” rating for the company. Northland Securities began coverage on Stronghold Digital Mining in a research note on Monday, November 15th. They set an “outperform” rating and a $35.00 target price for the company. B. Riley began coverage on Stronghold Digital Mining in a research note on Monday, November 15th. They set a “buy” rating and a $63.00 target price for the company. Finally, Compass Point began coverage on Stronghold Digital Mining in a research note on Monday, November 22nd. They set a “buy” rating and a $35.00 target price for the company.

Shares of Stronghold Digital Mining stock traded down $1.33 on Tuesday, hitting $19.44. 189,381 shares of the company’s stock traded hands, compared to its average volume of 608,649. Stronghold Digital Mining has a 52-week low of $19.25 and a 52-week high of $35.79.

About Stronghold Digital Mining

Stronghold Digital Mining Inc is a vertically integrated bitcoin mining company. Stronghold Digital Mining Inc is based in NEW YORK.

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Earnings History and Estimates for Stronghold Digital Mining (NASDAQ:SDIG)

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