NasdaqCM:BTBTSoftware
How Investors Are Reacting To Bit Digital (BTBT) Earnings Growth Projections Amid a Strong Sell Rating
Bit Digital, Inc. is approaching its next earnings release, with consensus expectations calling for a loss of US$0.02 per share and quarterly revenue growth compared with the same period last year.
Despite these improving forecasts for both earnings and sales, the stock currently carries a Zacks Rank of #5 (Strong Sell), highlighting a sharp disconnect between projected results and analyst sentiment.
With this contrast between projected revenue growth and a Strong Sell analyst rating, we...