Mon Mar 03 12:10:00 UTC 2025: ## Bitfarms (BITF) Expected to Report Increased Revenue, but Earnings Beat Unlikely

**NEW YORK, February 27, 2025** – Bitfarms Ltd. (BITF) is poised to release its earnings report for the quarter ending December 2024, with analysts predicting higher revenues and a year-over-year increase in earnings. However, according to Zacks Equity Research, the likelihood of the company exceeding earnings expectations is low.

While revenue is projected to reach $53.82 million, a 16.4% year-over-year increase, the consensus EPS estimate is a loss of $0.04 per share, representing a 33.3% improvement from the same period last year. Despite a recent upward revision of the EPS estimate, Zacks’ proprietary Earnings ESP model suggests a negative outlook. The model, which compares the most accurate estimate to the consensus estimate, currently indicates a -25% Earnings ESP for Bitfarms. Combined with a Zacks Rank of #3 (Hold), this makes a positive earnings surprise less probable.

Although Bitfarms has exceeded EPS estimates in three of the past four quarters, the recent downward trend in analyst revisions suggests a less optimistic outlook for this upcoming report. Investors are advised to consider factors beyond the earnings report itself when assessing the stock’s performance. While exceeding earnings expectations can boost stock prices, other market conditions can significantly influence investor sentiment.

Zacks Equity Research emphasizes the importance of using tools like the Earnings ESP Filter to analyze potential investment opportunities before earnings announcements. While Bitfarms does not currently appear to be a strong candidate for an earnings beat, investors should carefully consider all available information before making investment decisions.

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