BitFuFu (FUFU) to Release Quarterly Earnings on Thursday

BitFuFu (NASDAQ:FUFU) is projected to post its quarterly earnings results before the market opens on Thursday, April 10th. Analysts expect BitFuFu to post earnings of $0.05 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

BitFuFu (NASDAQ:FUFU) last announced its earnings results on Tuesday, March 25th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.17. The firm had revenue of $99.29 million for the quarter, compared to analyst estimates 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 Trading Up 0.9 %

Shares of BitFuFu stock opened at $4.57 on Thursday. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.88. BitFuFu has a twelve month low of $2.32 and a twelve month high of $7.39. The firm has a market capitalization of $745.40 million, a PE ratio of 13.06 and a beta of 0.24. The firm’s 50-day moving average price is $4.85 and its 200 day moving average price is $4.92.

Wall Street Analyst Weigh In

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

BitFuFu Company Profile

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.