Bitfarms .(US:BITF) ZACKS·2025-09-25 22:15Company Performance - Bitfarms Ltd. (BITF) closed at $2.68, reflecting a -3.42% change from the previous day, underperforming the S&P 500's daily loss of 0.5% [1] - Over the past month, Bitfarms shares have gained 107.09%, significantly outperforming the Business Services sector's loss of 0.74% and the S&P 500's gain of 2.74% [1] Earnings Projections - The upcoming earnings release is anticipated, with projected earnings per share (EPS) of -$0.02, indicating a 77.78% increase from the same quarter last year [2] - Revenue is expected to reach $84.47 million, representing an 88.34% increase compared to the year-ago quarter [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates project an EPS of -$0.13 and revenue of $321.13 million, reflecting changes of +7.14% and +66.49% from the prior year, respectively [3] - Recent changes to analyst estimates for Bitfarms Ltd. are important, as positive revisions typically indicate a favorable business outlook [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Bitfarms Ltd. currently holds a Zacks Rank of 4 (Sell) [5] - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 84, placing it in the top 35% of over 250 industries [6]