CleanSpark Inc expected to post a loss of 10 cents a share - Earnings Preview

CleanSpark

05/05/2025 12:41

CleanSpark Inc CLSK.OQ CLSK.O is expected to show a rise in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The Henderson Nevada-based  company is expected to report a 70.8% increase in revenue to $190.955 million from $111.8 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for CleanSpark Inc is for a loss of 10 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 57.7% in the last three months. ‚Äč

Wall Street's median 12-month price target for CleanSpark Inc is $19.50‚Äč, above‚Äč its last closing price of $8.81. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.34
0.33
0.67
Beat
101.6
Sep. 30 2024
-0.17
-0.18
-0.27
Missed
-49.5
Jun. 30 2024
-0.05
-0.04
-0.20
Missed
-354.5‚Äč
Mar. 31 2024
0.03
0.05
0.58
Beat
1,188.9
‚Äč‚ÄčDec. 31 2023
-0.27
-0.24
-0.04
Beat
83.1
Sep. 30 2023
-0.12
-0.13
-0.63
Missed
-370.1‚Äč
Jun. 30 2023
-0.16
-0.17
0.00
Beat
100
Mar. 31 2023
-0.33
-0.33
-0.23
Beat
29.8

This summary was machine generated May 5 at 11:41 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)