Utilized Digital Company (NASDAQ:APLD) is predicted to launch earnings outcomes for its third quarter, earlier than the opening bell on April 10, 2024.
Analysts count on the Dallas, Texas-based firm to report a quarterly loss at 7 cents per share, versus a year-ago lack of 8 cents per share. Utilized Digital is projected to report quarterly income of $51.92 million, in line with information from Benzinga Professional.
Final month, Marathon Digital entered right into a definitive buy settlement to accumulate Utilized Digital’s Bitcoin mining information heart.
Utilized Digital shares fell 8.9% to shut at $2.98 on Friday.
Benzinga readers can entry the newest analyst rankings on the Analyst Inventory Scores web page. Readers can type by inventory ticker, firm identify, analyst agency, ranking change or different variables.
Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the current interval.
- B. Riley Securities analyst Lucas Pipes maintained a Purchase ranking and minimize the value goal from $10 to $8 on April 5, 2024. This analyst has an accuracy fee of 64%.
- Needham analyst John Todaro maintained a Purchase ranking and lowered the value goal from $16 to $13 on March 18, 2024. This analyst has an accuracy fee of 81%.
- Lake Avenue analyst Rob Brown maintained a Purchase ranking and boosted the value goal from $9 to $16 on July 17, 2023. This analyst has an accuracy fee of 78%.
- Craig-Hallum analyst George Sutton maintained a Purchase ranking and boosted the value goal from $10 to $13 on Could 17, 2023. This analyst has an accuracy fee of 65%.
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