Argo Blockchain Plc (NASDAQ:ARBK) Expected to Announce Earnings of $0.43 Per Share – MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Wall Street analysts expect Argo Blockchain Plc (NASDAQ:ARBK) to report earnings of $0.43 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Argo Blockchain’s earnings, with the lowest EPS estimate coming in at $0.36 and the highest estimate coming in at $0.48. The company is expected to announce its next quarterly earnings report on Wednesday, April 27th.
On average, analysts expect that Argo Blockchain will report full year earnings of $1.32 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.62. For the next financial year, analysts expect that the company will post earnings of $1.80 per share, with EPS estimates ranging from $1.48 to $2.07. Zacks’ EPS calculations are an average based on a survey of research firms that follow Argo Blockchain.
A number of research analysts have issued reports on the company. Jefferies Financial Group assumed coverage on Argo Blockchain in a research report on Monday, October 18th. They issued a “buy” rating and a $30.00 target price on the stock. Compass Point assumed coverage on Argo Blockchain in a research report on Monday, October 18th. They issued a “buy” rating and a $21.00 target price on the stock. Barclays assumed coverage on Argo Blockchain in a research report on Monday, October 18th. They issued an “overweight” rating and a $22.00 target price on the stock. Roth Capital assumed coverage on Argo Blockchain in a report on Monday, November 1st. They set a “buy” rating and a $27.00 price target on the stock. Finally, assumed coverage on Argo Blockchain in a report on Monday, October 18th. They set a “buy” rating and a $24.00 price target on the stock. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $23.00.

(Ad)

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.

Take your trading to the next level with the Options Strategy Guide.

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.

Take your trading to the next level with the Options Strategy Guide.
Several institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC acquired a new position in shares of Argo Blockchain in the fourth quarter worth approximately $148,000. First Trust Advisors LP acquired a new position in shares of Argo Blockchain in the fourth quarter worth approximately $469,000. Connective Portfolio Management LLC acquired a new position in shares of Argo Blockchain in the fourth quarter worth approximately $159,000. Van ECK Associates Corp acquired a new position in shares of Argo Blockchain in the fourth quarter worth approximately $2,291,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Argo Blockchain in the fourth quarter worth approximately $141,000. 4.02% of the stock is currently owned by institutional investors.
Argo Blockchain stock opened at $9.53 on Monday. Argo Blockchain has a 12-month low of $7.90 and a 12-month high of $21.00. The company has a 50-day simple moving average of $11.65.
Argo Blockchain Company Profile
Argo Blockchain Plc provides sustainable blockchain infrastructure and cryptocurrency mining. Argo Blockchain Plc is headquartered in London, UK.
Recommended Stories

Get a free copy of the Zacks research report on Argo Blockchain (ARBK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Earnings History and Estimates for Argo Blockchain (NASDAQ:ARBK)
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Argo Blockchain, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Argo Blockchain wasn’t on the list.
While Argo Blockchain currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
 
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Each market day you’ll get a one-minute market summary to help you invest wisely.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice
MarketBeat is accredited by the Better Business Bureau
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.

source