Earnings Outlook For Bitfarms

Bitfarms (NASDAQ:BITF) will release its quarterly earnings report on Wednesday, 2025-05-14. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Bitfarms to report an earnings per share (EPS) of $-0.04.

Anticipation surrounds Bitfarms's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.07, leading to a 11.58% drop in the share price the following trading session.

Here's a look at Bitfarms's past performance and the resulting price change:

Quarter	Q4 2024	Q3 2024	Q2 2024	Q1 2024
EPS Estimate	-0.04	-0.10	-0.10	-0.03
EPS Actual	0.03	-0.08	-0.07	-0.02
Price Change %	-12.0%	-7.000000000000001%	-1.0%	-5.0%

Performance of Bitfarms Shares

Shares of Bitfarms were trading at $1.09 as of May 12. Over the last 52-week period, shares are down 40.6%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Bitfarms visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.