Applied Digital Corporation (APLD) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Applied Digital Corporation (APLD) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 9, 2024, might help the stock move higher if these key numbers ar ...