Bitfarms Ltd. (BITF) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - The market anticipates Bitfarms Ltd. (BITF) will report a year-over-year increase in earnings driven by higher revenues when it releases its results for the quarter ended June 2025 [1] Financial Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.01 per share, reflecting an 85.7% year-over-year improvement [3] - Revenues are projected to reach $81.67 million, representing a 96.6% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 40% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Bitfarms is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +25.00% [12] Earnings Surprise Prediction - A positive Earnings ESP reading suggests a strong likelihood of an earnings beat, especially when combined with a Zacks Rank of 2 (Buy) [10][12] - Bitfarms has a history of beating consensus EPS estimates, having surpassed expectations in three out of the last four quarters [14] Industry Context - Jamf Holding (JAMF), another player in the Zacks Technology Services industry, is expected to report earnings per share of $0.17 for the same quarter, indicating a year-over-year change of +21.4% [18] - Jamf's revenues are anticipated to be $168.63 million, up 10.2% from the previous year [18]