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

CleanSpark

08/08/2025 05:10

CleanSpark Inc CLSK.OQ reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents.  The mean expectation of ten analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from -2 cents to 80 cents per share.

Revenue rose 90.8% to $198.64 million from a year ago; analysts expected $193.75 million.

CleanSpark Inc's reported EPS for the quarter was 78 cents​.

The company reported quarterly net income of $251.79 million.

CleanSpark Inc shares had fallen by 0.3% this quarter and gained 19.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 311.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 CleanSpark Inc is $20.13, about 46.7% above its last closing price of $10.72

This summary was machine generated from LSEG data August 8 at 04:09 a.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 2025
0.28
0.77
Beat
Mar. 31 2025
-0.10
-0.49
Missed
Dec. 31 2024
0.33
0.67
Beat
Sep. 30 2024
-0.18
-0.27
Missed