What lessons do BHAT's 2021 earnings surprises offer investors?

Blue Hat Interactive Entertainment Technology (BHAT) does not appear to have significant earnings surprises from its 2021 financial reports based on the available data. The company's financial performance has been challenging, with a decline in revenues and gross profit margins. However, the company has been actively shifting its focus to commodity trading, which has contributed to an increase in gross profit. Investors can infer the following lessons from BHAT's 2021 earnings surprises:

1. **Revenue Decline**: Blue Hat has experienced a significant decrease in revenues, which is a red flag for investors. This decline is largely due to a decline in the glycol market, which indicates the company's vulnerability to market fluctuations.
2. **Strategic Shift**: The company's foray into the diamonds trading business has contributed to a significant increase in gross profit. This strategic shift suggests that Blue Hat is proactive in adapting to market conditions and seeking new revenue streams.
3. **Financial Performance**: The company has reported decreased losses from operations and continued operations, indicating a positive shift in financial performance. This is a positive sign for investors, as it suggests that the company is improving its operational efficiency.
4. **Investment in Gold**: Blue Hat's strategic investment in gold is expected to enhance asset value and potentially boost future revenues. This indicates the company's forward-thinking approach to capitalizing on market opportunities.

In conclusion, BHAT's 2021 earnings surprises offer investors a glimpse into the company's strategic adaptation to market challenges. While the company has faced a decline in revenues, it has taken steps to diversify its business and improve its financial performance. Investors should monitor the company's continued progress in commodity trading and its ability to capitalize on new revenue streams.