Company Performance - Marathon Digital Holdings, Inc. (MARA) closed at $22.84, reflecting a +2.7% increase from the previous day, outperforming the S&P 500 which gained 0.4% [1] - Prior to the latest trading session, MARA shares had increased by 26.87%, contrasting with the Finance sector's decline of 1.05% and the S&P 500's gain of 1.02% [1] Earnings Forecast - The upcoming earnings disclosure is expected to show an EPS of -$0.26, representing a 31.58% improvement from the same quarter last year [2] - Revenue is forecasted to be $244.09 million, indicating an 85.41% growth compared to the corresponding quarter of the previous year [2] Full-Year Estimates - For the full year, Zacks Consensus Estimates predict earnings of -$0.58 per share and revenue of $986.07 million, reflecting year-over-year changes of -133.72% for earnings and +50.23% for revenue [3] Analyst Estimates - Recent changes to analyst estimates for Marathon Digital Holdings, Inc. are important as they reflect short-term business trends [4] - Positive estimate revisions indicate analyst optimism regarding the company's business and profitability [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988 [6] - Currently, Marathon Digital Holdings, Inc. has a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate having decreased by 24.93% in the past month [6] Industry Overview - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 94, placing it in the top 39% 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]
Marathon Digital Holdings, Inc. (MARA) Outperforms Broader Market: What You Need to Know