BitFuFu (FUFU) Expected to Announce Quarterly Earnings on Thursday

BitFuFu (NASDAQ:FUFU) is anticipated to announce its earnings results before the market opens on Thursday, April 10th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

BitFuFu (NASDAQ:FUFU) last released its quarterly earnings results on Tuesday, March 25th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.17. The business had revenue of $99.29 million during the quarter, compared to the consensus estimate of $99.29 million. BitFuFu had a return on equity of 40.15% and a net margin of 8.17%. On average, analysts expect BitFuFu to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BitFuFu Price Performance

Shares of NASDAQ:FUFU opened at $4.57 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.09 and a current ratio of 4.09. BitFuFu has a one year low of $2.32 and a one year high of $7.39. The business’s fifty day moving average price is $4.85 and its two-hundred day moving average price is $4.92. The stock has a market cap of $745.40 million, a PE ratio of 13.06 and a beta of 0.24.

Analysts Set New Price Targets

Separately, HC Wainwright reissued a “buy” rating and issued a $7.00 target price on shares of BitFuFu in a research report on Wednesday, March 26th.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.