Here's what Wall Street expects from Argo Blockchain's earnings report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2024
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Should l Buy ?
Source: Business Insider
- Argo Blockchain Q1 Earnings: Argo Blockchain released Q1 figures on May 23, with analysts predicting losses per share of $0.021.
- Analyst Forecasts: Analysts forecast a loss of $0.021 per share for this quarter, compared to $0.010 per share in the same quarter last year.
- Sales Estimates: Analysts predict sales for the quarter to reach $18.5 million, indicating a 96.07% increase from the previous year.
- Fiscal Year Expectations: For the current fiscal year, analysts expect a loss per share of $0.202, higher than the $0.060 loss in the previous year.
- Authorship Note: The story was written by Markets Insider's RoboEddy, an automated system that generates stories based on partner data.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
