Cipher Mining Inc CIFR.OQ CIFR.O is expected to show a rise in quarterly revenue when it reports results on August 13 for the period ending June 30 2024
The New York City-based company is expected to report a 22.6% increase in revenue to $38.267 million from $31.22 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cipher Mining Inc is for a loss of 5 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Cipher Mining Inc is $6.75, above its last closing price of $4.33.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Mar. 31 2024 |
0.03 |
0.01 |
0.13 |
Beat |
1,416.9 |
Dec. 31 2024 |
-0.05 |
-0.04 |
0.05 |
Beat |
220 |
Sep. 30 2023 |
-0.05 |
-0.05 |
-0.07 |
Missed |
-53.1 |
Jun. 30 2023 |
-0.02 |
-0.03 |
-0.05 |
Missed |
-92.3 |
Mar. 31 2023 |
-0.01 |
-0.02 |
-0.03 |
Missed |
-71.4 |
Dec. 31 2022 |
-0.06 |
-0.06 |
-0.21 |
Missed |
-223.1 |
Sep. 30 2022 |
-0.07 |
-0.07 |
0.24 |
Beat |
442.9 |
This summary was machine generated August 9 at 19:21 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)