Canaan Inc expected to post a loss of 6 cents a share - Earnings Preview
Canaan Inc <CAN.OQ> expected to post a loss of 6 cents a share - Earnings Preview
Canaan Inc CAN.OQ CAN.O is expected to show a fall in quarterly revenue when it reports results on September 8 for the period ending June 30 2026
The Singapore-based company is expected to report a 59.2% decrease in revenue to $40.922 million from $100.21 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Canaan Inc is for a loss of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Canaan Inc is $1.50, about 281.4% above its last closing price of $0.39
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.04 | -0.03 | -0.13 | Missed | -387.4 |
Dec. 31 2026 | -0.02 | -0.02 | -0.13 | Missed | -570 |
Sep. 30 2025 | -0.05 | -0.05 | -0.05 | Met | -8 |
Jun. 30 2025 | -0.02 | -0.03 | -0.03 | Met | 10 |
Mar. 31 2025 | -0.05 | -0.06 | -0.27 | Missed | -315.4 |
Dec. 31 2024 | -0.13 | -0.09 | -0.02 | Beat | 75.6 |
Sep. 30 2024 | -0.05 | -0.05 | -0.27 | Missed | -440 |
Jun. 30 2024 | -0.02 | -0.02 | -0.01 | Beat | 50 |
This summary was machine generated September 4 at 12:38 GMT. 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)