DMG Blockchain Solutions Inc (TSXV:DMGI, Financial) is set to release its Q4 2024 earnings on December 18, 2024. The consensus estimate for Q4 2024 revenue is $6.40 million, and the earnings are expected to come in at -$0.04 per share. The full year 2024's revenue is expected to be $34.40 million and the earnings are expected to be -$0.03 per share. More detailed estimate data can be found on the Forecast page.
DMG Blockchain Solutions Inc (TSXV:DMGI, Financial) Estimates Trends
Revenue estimates for DMG Blockchain Solutions Inc (TSXV:DMGI) have remained steady at $34.40 million for the full year 2024 and $39.00 million for 2025 over the past 90 days. Earnings estimates have also remained unchanged at -$0.03 per share for the full year 2024 and -$0.05 per share for 2025 during the same period.
DMG Blockchain Solutions Inc (TSXV:DMGI, Financial) Reported History
In the previous quarter ending June 30, 2024, DMG Blockchain Solutions Inc's (TSXV:DMGI) actual revenue was $8.30 million, which surpassed analysts' revenue expectations of $6.70 million by 23.81%. The company's actual earnings were -$0.02 per share, beating analysts' earnings expectations of -$0.04 per share by 50%. After releasing the results, DMG Blockchain Solutions Inc (TSXV:DMGI) experienced a decrease of 3.77% in one day.
DMG Blockchain Solutions Inc (TSXV:DMGI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by one analyst, the average target price for DMG Blockchain Solutions Inc (TSXV:DMGI) is $1.00, with both a high and low estimate of $1.00. The average target implies an upside of 119.78% from the current price of $0.46.
Based on GuruFocus estimates, the estimated GF Value for DMG Blockchain Solutions Inc (TSXV:DMGI, Financial) in one year is $0, suggesting a downside of -100% from the current price of $0.46.
According to the consensus recommendation from one brokerage firm, DMG Blockchain Solutions Inc's (TSXV:DMGI, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
