• Bakkt Inc BKKT.N reported a quarterly adjusted loss of $6.37​​ per share for the quarter ended December 31. The mean expectation of two analysts for the quarter was for a loss of 55 cents per share. Wall Street expected results to range from -62 cents to -47 cents per share.

• Revenue fell 83.4% to $299.17 million from a year ago; analysts expected $396.23 million.

• Bakkt Inc's reported EPS for the quarter was a loss of $6.37​.

• The company reported a quarterly loss of $85.29 million.

• Bakkt Inc shares had fallen by 5.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Bakkt Inc is $39.50, about 75.6% above its last closing price of $9.64

This summary was machine generated from LSEG data March 17 at 12:06 a.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)