American Bitcoin Corp reports results for the quarter ended June 30 - Earnings Summary
American Bitcoin Corp reports results for the quarter ended June 30 - Earnings Summary
American Bitcoin Corp ABTC.OQ reported a quarterly adjusted loss of 80 cents per share for the quarter ended June 30. The mean expectation of two analysts for the quarter was for breakeven results per share.
Revenue was $67.02 million; analysts expected $70.65 million.
American Bitcoin Corp's reported EPS for the quarter was a loss of 80 cents.
The company reported a quarterly loss of $57.15 million.
American Bitcoin Corp shares had fallen by 46.0% this quarter and lost 78.4% so far this year.
FORECAST CHANGES
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." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"
Wall Street's median 12-month price target for American Bitcoin Corp is $37.50, about 85.3% above its last closing price of $5.52
This summary was machine generated from LSEG data August 3 at 01:31 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.00 | -0.80 | Missed |
Mar. 31 2026 | 0.08 | -1.20 | Missed |
Dec. 31 2025 | 0.23 | -1.05 | Missed |
Sep. 30 2025 | 0.00 |