Published on 5 May 2022 on Zacks via Yahoo Finance
Marathon Digital Holdings, Inc. (MARA) Reports Q1 Loss, Misses Revenue Estimates
Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.11. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -118.18%. A quarter ago, it was expected that this company would post earnings of $0.35 per share when it actually produced earnings of $0.36, delivering a surprise of 2.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.