Bakkt Hldgs (NYSE:BKKT) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Bakkt Hldgs missed estimated earnings by 11.76%, reporting an EPS of $-0.19 versus an estimate of $-0.17.
Revenue was up $191.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 3.65% increase in the share price the next day.
Here’s a look at Bakkt Hldgs’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.18 | -0.18 | -0.12 |
| EPS Actual | -0.19 | -0.17 | -1.24 | -6.11 |
| Revenue Estimate | 17.20M | 14.35M | 15.88M | 14.10M |
| Revenue Actual | 347.60M | 13.00M | 15.60M | 12.90M |
To track all earnings releases for Bakkt Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
