• MARA Holdings Inc MARA.OQ reported quarterly adjusted earnings of $1.89​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -72 cents. The mean expectation of twelve analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from -96 cents to $6.17 per share.

• Revenue rose 64.3% to $238.49 million from a year ago; analysts expected $221.90 million.

• MARA Holdings Inc's reported EPS for the quarter was $1.84​.

• The company reported quarterly net income of $808.24 million.

• MARA Holdings Inc shares had risen by 9.4% this quarter and gained 2.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 163% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

• Wall Street's median 12-month price target for MARA Holdings Inc is $19.00, about 9.7% above its last closing price of $17.16

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)