Hut 8 Corp reports results for the quarter ended June 30 - Earnings Summary

Hut 8

04/08/2026 14:32

Hut 8 Corp HUT.OQ reported a quarterly adjusted loss of $1.27​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.18.  The mean expectation of sixteen analysts for the quarter was for a loss of 50 cents per share. Wall Street expected results to range from $-1.01 to -24 cents per share.
Revenue rose 81.4% to $74.93 million from a year ago; analysts expected $80.69 million. 
Hut 8 Corp's reported EPS for the quarter was a loss of $1.27​.
The company reported a quarterly loss of $150.19 million.
Hut 8 Corp shares had fallen by 2.9% this quarter and gained 144.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 174.8% in the last three months.​ 
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," no "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 Hut 8 Corp is $140.00, about 19.9% above its last closing price of $112.08
This summary was machine generated from LSEG data August 4 at 01:32 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
Jun. 30 2026 
-0.50
-1.27
Missed
Mar. 31 2026 
-0.34
-2.28
Missed
Dec. 31 2025 
-0.41
-3.07
Missed
Sep. 30 2025 
0.02
0.43
Beat