CleanSpark, Inc. reports results for the quarter ended June 30 - Earnings Summary
CleanSpark, Inc. reports results for the quarter ended June 30 - Earnings Summary
CleanSpark, Inc. CLSK.OQ reported a quarterly adjusted loss of 89 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -88 cents to 26 cents per share.
Revenue fell 30.5% to $138.01 million from a year ago; analysts expected $148.94 million.
CleanSpark, Inc.'s reported EPS for the quarter was a loss of 89 cents.
The company reported a quarterly loss of $239.84 million.
CleanSpark, Inc. shares had fallen by 12.4% this quarter and gained 26.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 55.7% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "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 $23.50, about 45.7% above its last closing price of $12.75
This summary was machine generated from LSEG data August 7 at 06:56 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 2026 | -0.31 | -0.89 | Missed |
Mar. 31 2026 | -0.56 | -1.52 | Missed |
Dec. 31 2025 | -0.23 | -1.34 | Missed |
Sep. 30 2025 | 0.32 | -0.01 | Missed |
Recent news on CleanSpark
See all newsBrief: Cleanspark Releases September 2026 Operational Update
CleanSpark, Inc. reports results for the quarter ended June 30 - Earnings Summary
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