Company Performance - Bit Digital, Inc. (BTBT) closed at $2.08, showing no change from the previous day, while outperforming the S&P 500's daily loss of 0.07% [1] - The company's shares increased by 20.23% over the past month, surpassing the Business Services sector's gain of 16.17% and the S&P 500's gain of 13.74% [1] Upcoming Earnings - The upcoming earnings report for Bit Digital, Inc. is scheduled for May 15, 2025, with an expected EPS of -$0.05, reflecting a 266.67% decline compared to the same quarter last year [2] - Revenue is projected at $26.21 million, indicating a 13.46% decrease from the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of -$0.04 per share and revenue of $158.34 million, representing changes of +85.71% and +46.54% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Bit Digital, Inc. are important for investors, as positive revisions can indicate a favorable business outlook [4] - The Zacks Rank system, which reflects these estimate changes, provides actionable insights for investors [5] Zacks Rank and Industry Performance - Bit Digital, Inc. currently holds a Zacks Rank of 3 (Hold), with a recent consensus EPS projection moving 100% lower [6] - The Technology Services industry, part of the Business Services sector, ranks in the top 26% of all industries, indicating strong performance potential [7]
Bit Digital, Inc. (BTBT) Flat As Market Sinks: What You Should Know