Marathon Digital Holdings, Inc. (MARA) Q4 Earnings and Revenues Beat Estimates

Group 1: Earnings Performance - Marathon Digital Holdings, Inc. reported quarterly earnings of $1.24 per share, significantly beating the Zacks Consensus Estimate of a loss of$0.32 per share, representing an earnings surprise of 487.50% [1] - The company posted revenues of $214.39 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 12.25$156.77 million [2] Group 2: Stock Performance and Outlook - Marathon Digital shares have declined approximately 26% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.10 on revenues of$223.65 million, and for the current fiscal year, it is -$0.56 on revenues of$949.19 million [7] Group 3: Industry Context - The Technology Services industry, to which Marathon Digital belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]