Bakkt (NYSE:BKKT – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($2.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.77) by ($0.90), Zacks reports. The company had revenue of $509.90 million during the quarter, compared to analyst estimates of $877.20 million. Bakkt had a negative net margin of 3.85% and a negative return on equity of 43.08%. During the same period last year, the firm earned ($4.75) EPS. Bakkt updated its FY 2024 guidance to EPS.
Bakkt Stock Up 0.7 %
Shares of BKKT stock opened at $13.73 on Friday. The stock has a market cap of $184.39 million, a PE ratio of -0.74 and a beta of 4.80. The business has a 50-day simple moving average of $17.53 and a 200-day simple moving average of $16.59. Bakkt has a 52-week low of $5.57 and a 52-week high of $68.75.
Bakkt Company Profile
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