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Iren Ltd Expected To Post Earnings Of 14 Cents A Share: Earnings Preview

IREN Ltd IREN.OQ IREN.O is expected to show a rise in quarterly revenue when it reports  results on May 14 for the period ending March 31 2025

The Sydney New South Wales-based  company is expected to report a 193.2% increase in revenue to $159.371 million from $54.35 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for IREN Ltd is for earnings of 14 cents per share.

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 mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for IREN Ltd is $21.38‚Äč, above‚Äč its last closing price of $7.04. ‚Äč‚Äč‚Äč

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

QUARTER ENDINGSTARMINESMARTESTIMATE¬ģLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 20240.010.020.09Beat374.2
Sep. 30 2024-0.10-0.08-0.22Missed-192.9
Jun. 30 20240.020.03-0.27Missed-1,105.2‚Äč
Mar. 31 20240.060.050.07Beat31.7
‚Äč‚ÄčDec. 31 2023-0.010.00-0.07Missed-2,061.9
Sep. 30 20230.01-0.06-0.07Missed-11.8‚Äč
Jun. 30 2023-0.22-0.17-0.04Beat78.2
Mar. 31 2023-0.28-0.26-0.06Beat78.4
This summary was machine generated May 12 at 20:37 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)

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