Mara Holdings Inc Reports Results For The Quarter Ended June 30: Earnings Summary
MARA Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
MARA Holdings Inc MARA.OQ reported a quarterly adjusted loss of $1.60 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.89. The mean expectation of thirteen analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from $-1.38 to $1.43 per share.
Revenue fell 26.7% to $174.88 million from a year ago; analysts expected $203.67 million.
MARA Holdings Inc's reported EPS for the quarter was a loss of $1.60.
The company reported a quarterly loss of $609.69 million.
MARA Holdings Inc shares had fallen by 19.1% this quarter and gained 25.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 145.1% 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 9 "strong buy" or "buy," 6 "hold" and 1 "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 MARA Holdings Inc is $15.00, about 25.1% above its last closing price of $11.24
This summary was machine generated from LSEG data August 6 at 09:50 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 | 0.19 | -1.60 | Missed |
Mar. 31 2026 | -2.15 | -3.31 | Missed |
Dec. 31 2025 | -0.13 | -4.52 | Missed |
Sep. 30 2025 | 0.44 | 0.31 | Missed |