Bitfarms .(US:BITF) ZACKSยท2025-08-12 20:01Core Insights - Bitfarms Ltd. reported a quarterly loss of $0.02 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.01, but an improvement from a loss of $0.07 per share a year ago [1] - The company posted revenues of $77.8 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 4.73%, but showing significant growth from $41.55 million year-over-year [2] - Bitfarms shares have declined approximately 17.5% year-to-date, contrasting with the S&P 500's gain of 8.4% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is -$0.01 on revenues of $88.44 million, and for the current fiscal year, it is -$0.10 on revenues of $330.72 million [7] Industry Context - The Technology Services industry, to which Bitfarms belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]