We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The company’s earnings beat the Zacks Consensus Estimate by 2.9% in the last-reported quarter.
Q1 Expectations
The Zacks Consensus Estimate for revenues is pegged at $53.3 million, indicating more than 100% growth from the year-ago quarter’s actual figure. The top line is expected to have benefited from the deployment of cryptocurrency miners, which has increased the company’s hash rate.
The consensus mark for the bottom line is pegged at 24 cents per share. The company incurred a loss of 20 cents per share in the year-ago quarter. Operating performance is likely to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model predicts an earnings beat for Marathon Digital this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Marathon Digital has an Earnings ESP of +17.13% and a Zacks Rank #3.
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these too have the right combination of elements to beat on earnings this season:
Cross Country Healthcare (CCRN - Free Report) has an Earnings ESP of +1.67% and a Zacks Rank #1.
Cross Country Healthcare delivered a trailing four-quarter earnings surprise of 41.5%, on average. CCRN’s shares have jumped 33.9% in the past year.
Opendoor Technologies (OPEN - Free Report) has an Earnings ESP of +26.69% and a Zacks Rank #2.
Opendoor Technologies has delivered a trailing four-quarter earnings surprise of 75.54%, on average. Open’s shares have declined 64.3% in the past year.
FLEETCOR Technologies has an Earnings ESP of +1.21% and a Zacks Rank #3.
FLEETCOR delivered a trailing four-quarter earnings surprise of 4.1%, on average. FLT’s shares have declined 15% in the past year.
Image: Bigstock
What's in the Cards for Marathon Digital (MARA) in Q1 Earnings?
Marathon Digital Holdings, Inc. (MARA - Free Report) is slated to report first-quarter 2022 results on May 4, after the bell.
The company’s earnings beat the Zacks Consensus Estimate by 2.9% in the last-reported quarter.
Q1 Expectations
The Zacks Consensus Estimate for revenues is pegged at $53.3 million, indicating more than 100% growth from the year-ago quarter’s actual figure. The top line is expected to have benefited from the deployment of cryptocurrency miners, which has increased the company’s hash rate.
The consensus mark for the bottom line is pegged at 24 cents per share. The company incurred a loss of 20 cents per share in the year-ago quarter. Operating performance is likely to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model predicts an earnings beat for Marathon Digital this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Marathon Digital has an Earnings ESP of +17.13% and a Zacks Rank #3.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Marathon Digital Holdings, Inc. Price and EPS Surprise
Marathon Digital Holdings, Inc. price-eps-surprise | Marathon Digital Holdings, Inc. Quote
Other Stocks That Warrant a Look
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these too have the right combination of elements to beat on earnings this season:
Cross Country Healthcare (CCRN - Free Report) has an Earnings ESP of +1.67% and a Zacks Rank #1.
Cross Country Healthcare delivered a trailing four-quarter earnings surprise of 41.5%, on average. CCRN’s shares have jumped 33.9% in the past year.
Opendoor Technologies (OPEN - Free Report) has an Earnings ESP of +26.69% and a Zacks Rank #2.
Opendoor Technologies has delivered a trailing four-quarter earnings surprise of 75.54%, on average. Open’s shares have declined 64.3% in the past year.
FLEETCOR Technologies has an Earnings ESP of +1.21% and a Zacks Rank #3.
FLEETCOR delivered a trailing four-quarter earnings surprise of 4.1%, on average. FLT’s shares have declined 15% in the past year.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar