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Marathon Digital (MARA) Up 3.9% Since Last Earnings Report: Can It Continue?

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It has been about a month since the last earnings report for Marathon Digital Holdings, Inc. (MARA - Free Report) . Shares have added about 3.9% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Marathon Digital due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

The consensus estimate has shifted -216.67% due to these changes.

VGM Scores

Currently, Marathon Digital has a poor Growth Score of F, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the lowest quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Marathon Digital has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.


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