Cipher Digital Inc. closed at $16.74, down 5.58% from the prior session, a steeper drop than the S&P 500's 0.77% loss, the Dow's 0.67% decline and the Nasdaq's 0.92% fall. The stock has gained 16.88% over the past month, outpacing the Business Services sector's 5.02% loss and the S&P 500's 0.96% gain. Ahead of its upcoming earnings disclosure, the consensus estimate calls for an EPS of -$0.31, a 3000% fall from the year-earlier quarter, on revenue of $37.99 million, down 47.02% year over year. Full-year Zacks Consensus Estimates project earnings of -$1.36 per share and revenue of $216.23 million, representing year-over-year changes of +36.74% and -3.44%, respectively. Cipher Digital currently carries a Zacks Rank of #4 (Sell), with no change in the Zacks Consensus EPS estimate over the past month.
Cipher Mining IncEarnings preview points to a wider loss with EPS of -$0.31 and revenue down 47% year over year, alongside a Zacks Rank #4 (Sell).
