MARA Holdings Stock Gains 12% Despite Reporting a Q1 Loss

MARA Holdings, Inc. MARA reported weaker-than-expected first-quarter 2025 results on May 8, following which the stock has declined by 12%.Quarterly loss came in at 40 cents per share compared with the Zacks Consensus Estimate for a loss of 34 cents per share and the year-ago quarter’s loss of 6 cents. Total revenues of $213.9 million missed the consensus mark by a slight margin but increased 29.5% from the year-ago quarter. Marathon Digital Holdings, Inc. Price, Consensus and EPS Surprise Marathon Digital Holdings, Inc. price-consensus-eps-surprise-chart | Marathon Digital Holdings, Inc. QuoteOther Quarterly DetailsMARA produced 2,286 bitcoins in the quarter, 19% less than in the year-ago quarter. The energized hash rate of 54.3 exahashes per second grew 95% on a year-over-year basis. Bitcoin yield per share at the end of the quarter was 3.5%.Cost per petahash per day of $28.5 increased 25% from the year-ago quarter. The purchased energy cost per bitcoin was $35,728, with a cost of $0.04 per kilowatt-hour at the company-owned sites.Adjusted EBITDA decreased to a loss of $483.6 million from earnings of $542.1 million in the year-ago quarter. At the end of the quarter, MARA held 47,531 bitcoins, including those that were loaned or collateralized.The company exited the quarter with cash and cash equivalents of $196.2 million compared with $391.8 million at the end of the preceding quarter.Currently, MARA carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Snapshot of Some Recent EarningsS&P Global SPGI reported better-than-expected first-quarter 2025 results. SPGI’s adjusted EPS of $4.37 surpassed the Zacks Consensus Estimate by 3.6% and gained 9% year over year. Revenues of $3.8 billion beat the consensus estimate by 2% and grew 8.3% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Verisk VRSK has reported better-than-expected first-quarter 2025 results. VRSK’s adjusted earnings were $1.73 per share, surpassing the Zacks Consensus Estimate by 3.6% and increasing 6.1% from the year-ago quarter. Total revenues of $753 million beat the consensus estimate marginally and increased 7% on a year-over-year basis.Interpublic IPG reported mixed first-quarter 2025 results. The company’s earnings topped the Zacks Consensus Estimate, while revenues missed the mark.IPG’s adjusted earnings of 33 cents per share surpassed the Zacks Consensus Estimate by 10% but decreased 8.3% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2 billion missed the consensus estimate by a slight margin and declined 20% year over year. Total revenues of $2.3 billion decreased 7.2% year over year but outpaced the Zacks Consensus Estimate of $2 billion.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interpublic Group of Companies, Inc. (The) (IPG): Free Stock Analysis Report Verisk Analytics, Inc. (VRSK): Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA): Free Stock Analysis Report S&P Global Inc. (SPGI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks