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Cipher Mining Inc. (CIFR) Reports Q3 Loss, Lags Revenue Estimates
CIFRCipher Mining (CIFR) ZACKS·2024-10-31 13:25

Cipher Mining Inc. (CIFR) came out with a quarterly loss of 0.26pershareversustheZacksConsensusEstimateofalossof0.26 per share versus the Zacks Consensus Estimate of a loss of 0.08. This compares to loss of 0.07pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2250.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -225%. A quarter ago, it was expected that this company would post a loss of 0.05 per share when it actually produced a loss of $0.05, delivering no surprise.Over the last four quarters, the company has surpassed conse ...