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Argo Blockchain ARBK is about to offer its newest quarterly earnings report on Tuesday, 2023-08-29. Here is what buyers must know earlier than the announcement.
Analysts estimate that Argo Blockchain will report an earnings per share (EPS) of $-0.18.
Argo Blockchain bulls will hope to listen to the corporate announce they’ve not solely overwhelmed that estimate, but in addition to offer optimistic steering, or forecasted development, for the subsequent quarter.
New buyers ought to notice that it’s generally not an earnings beat or miss that almost all impacts the value of a inventory, however the steering (or forecast).
Here is a have a look at Argo Blockchain’s previous efficiency and the ensuing worth change:
| Quarter | Q1 2023 | This fall 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | |||
| EPS Precise | -0.18 | -0.82 | ||
| Value Change % | -5.51% | 4.01% | -10.52% | -2.28% |
| Quarter | Q1 2023 | This fall 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | |||
| EPS Precise | -0.18 | -0.82 | ||
| Value Change % | -5.51% | 4.01% | -10.52% | -2.28% |
Inventory Efficiency
Shares of Argo Blockchain had been buying and selling at $1.01 as of August 25. During the last 52-week interval, shares are down 77.26%. On condition that these returns are usually adverse, long-term shareholders are doubtless bearish going into this earnings launch.
To track all earnings releases for Argo Blockchain visit their earnings calendar on our site.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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