Iren Limited Reports Results For The Quarter Ended September 30: Earnings Summary

IREN

Thu 22:48

IREN Limited IREN.OQ reported a quarterly adjusted loss of 66 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.08.  The mean expectation of fourteen analysts for the quarter was for a loss of 67 cents per share. Wall Street expected results to range from $-1.66 to -36 cents per share.
Revenue fell 5.1% to $228.00 million from a year ago; analysts expected $221.28 million. 
IREN Limited's reported EPS for the quarter was a loss of 66 cents​.
The company reported a quarterly loss of $263 million.
IREN Limited shares had fallen by 46.9% this quarter and lost 42.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 59.9% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 4 "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 IREN Limited is $79.50, about 72.7% above its last closing price of $21.71
This summary was machine generated from LSEG data November 5 at 10:48 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
Sep. 30 2026 
-0.67
-0.66
Beat
Jun. 30 2026 
-0.52
-1.88
Missed
Mar. 31 2026 
-0.19
-0.74
Missed
Dec. 31 2025 
-0.11
-0.15
Missed