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FUFU — Bitfufu News Story

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BitFuFu Inc reports results for the quarter ended June 30 - Earnings Summary

BitFuFu Inc FUFU.OQ reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 1 cents.  The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from -1 cents to 17 cents per share.

Revenue fell 10.8% to $115.40 million from a year ago; analysts expected $123.67 million.

BitFuFu Inc's reported EPS for the quarter was 28 cents​.

The company reported quarterly net income of $47.13 million.

BitFuFu Inc shares had risen by 22.9% this quarter and lost 19.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 82.9% 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 3 "strong buy" or "buy," 1 "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 BitFuFu Inc is $7.00, about 43.3% above its last closing price of $3.97

This summary was machine generated from LSEG data August 15 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.060.28Beat
Mar. 31 20250.04-0.10Missed
Dec. 31 2024-0.030.14Beat
-0.03

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