2 weeks Ago By Defense World Staff
Bakkt ( NYSE:BKKT – Get Free Report ) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 13th. Analysts expect Bakkt to post earnings of ($1.10) per share for the quarter.
Bakkt has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link . Bakkt ( NYSE:BKKT – Get Free Report ) last announced its quarterly earnings data on Wednesday, August 14th.
The company reported ($2.67) EPS for the quarter, missing the consensus estimate of ($1.77) by ($0.
90). The company had revenue of $509.90 million during the quarter, compared to analysts’ expectations of $877.
20 million. Bakkt had a negative net margin of 3.85% and a negative return on equity of 47.
29%. During the same period in the previous year, the business earned ($4.75) earnings per share.
On average, analysts expect Bakkt to post $-6 EPS for the current fiscal year and $-2 EPS for the next fiscal year. Bakkt Stock Up 26.4 % Shares of Bakkt stock opened at $12.
41 on Tuesday. The firm has a market capitalization of $167.75 million, a P/E ratio of -0.
74 and a beta of 4.71. The company has a 50 day moving average price of $10.
69 and a 200 day moving average price of $13.75. Bakkt has a 52 week low of $5.
57 and a 52 week high of $68.75. Bakkt Company Profile Bakkt Holdings, Inc offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance.
The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants. Read More Five stocks we like better than Bakkt How to Calculate Options Profits 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion Russell 2000 Index, How Investors Use it For Profitable Trading Monday.com’s Manic Price Pullback Is a Signal to Buy Should You Add These Warren Buffett Stocks to Your Portfolio? 3 “Made in America” Stocks to Benefit From the Trump Presidency Receive News & Ratings for Bakkt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bakkt and related companies with MarketBeat.
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