BitFuFu Inc reports results for the quarter ended March 31 - Earnings Summary
BitFuFu Inc reports results for the quarter ended March 31 - Earnings Summary
BitFuFu Inc FUFU.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from zero cents to 7 cents per share.
Revenue fell 6.9% to $72.66 million from a year ago; analysts expected $90.97 million.
BitFuFu Inc's reported EPS for the quarter was a loss of 20 cents.
The company reported a quarterly loss of $34.97 million.
BitFuFu Inc shares had risen by 2.6% this quarter and lost 24.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 33.3% 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 business support services peer group is also "buy"
Wall Street's median 12-month price target for BitFuFu Inc is $4.00, about 50% above its last closing price of $2.00
This summary was machine generated from LSEG data May 29 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 |
Mar. 31 2026 | 0.03 | -0.20 | Missed |
Dec. 31 2025 | -0.01 | -0.59 | Missed |
Sep. 30 2025 | 0.05 | 0.07 | Beat |
Jun. 30 2025 | 0.06 | 0.28 | Beat |