Marathon Digital Holdings, Inc. (MARA) Rises Higher Than Market: Key Facts

Company Performance - Marathon Digital Holdings, Inc. (MARA) closed at $18.61, reflecting a +1.92% increase from the previous day, outperforming the S&P 500's daily gain of 0.34% [1] - Over the last month, the company's shares have increased by 13.7%, significantly surpassing the Finance sector's gain of 1.52% and the S&P 500's gain of 3.54% [1] Upcoming Financial Results - Marathon Digital Holdings, Inc. is projected to report earnings of -$0.21 per share, indicating a year-over-year growth of 44.74% [2] - The consensus estimate forecasts revenue of $250.62 million, representing a 90.36% growth compared to the same quarter of the previous year [2] Annual Financial Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of -$0.17 per share and revenue of $997.68 million, reflecting shifts of -109.88% and +52%, respectively, from the last year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Marathon Digital Holdings, Inc. reflect the latest short-term business trends, with positive changes indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Marathon Digital Holdings, Inc. at 3 (Hold) [6] Industry Context - The Financial - Miscellaneous Services industry, part of the Finance sector, has a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]