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Stock impact report

Bitfarms Ltd. (BITF) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]

Bitfarms Ltd. (BITF) 
Company Research Source: Yahoo! Finance
This change lagged the S&P 500's daily gain of 0.38%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 0.09%. The company's stock has climbed by 28.57% in the past month, exceeding the Business Services sector's gain of 11.43% and the S&P 500's gain of 4.9%. The upcoming earnings release of Bitfarms Ltd. will be of great interest to investors. The company's earnings report is expected on November 12, 2024. The company's earnings per share (EPS) are projected to be -$0.12, reflecting a 71.43% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $44.68 million, reflecting a 29.14% rise from the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.30 per share and revenue of $205.52 million. These totals would mark changes of -42.86% and +40.41%, respectively, from last year. It's also important for investors to be Show less Read more
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