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Compared to Estimates, Bit Digital (BTBT) Q3 Earnings: A Look at Key Metrics

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For the quarter ended September 2026, Bit Digital, Inc. (BTBT - Free Report) reported revenue of $27.07 million, down 11.1% over the same period last year. EPS came in at $0.06, compared to -$0.05 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $34.52 million, representing a surprise of -21.6%. The company delivered an EPS surprise of +220%, with the consensus EPS estimate being -$0.05.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Bit Digital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Cloud services: $18.1 million compared to the $19.31 million average estimate based on three analysts.
  • Revenue- Colocation services: $5.6 million versus $12.44 million estimated by three analysts on average.
  • Revenue- ETH staking: $1 million compared to the $1.5 million average estimate based on two analysts.
  • Revenue- Digital asset mining: $2 million versus $2.01 million estimated by two analysts on average.
  • Gross Profit- Colocation services: $3.21 million compared to the $8.31 million average estimate based on two analysts.
  • Gross Profit- Cloud services: $10.17 million versus $12.97 million estimated by two analysts on average.

View all Key Company Metrics for Bit Digital here>>>

Shares of Bit Digital have returned -26.1% over the past month versus the Zacks S&P 500 composite's -2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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