Sharplink Inc reports results for the quarter ended June 30 - Earnings Summary
Sharplink Inc reports results for the quarter ended June 30 - Earnings Summary
Sharplink Inc SBET.OQ reported a quarterly adjusted loss of $1.88 per share for the quarter ended June 30. The mean expectation of five analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from 1 cents to 2 cents per share.
Revenue was $11.53 million; analysts expected $12.48 million.
Sharplink Inc's reported EPS for the quarter was a loss of $1.88.
The company reported a quarterly loss of $394.27 million.
Sharplink Inc shares had risen by 34.0% this quarter and lost 28.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 42.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is also "buy"
Wall Street's median 12-month price target for Sharplink Inc is $14.00, about 54.1% above its last closing price of $6.43
This summary was machine generated from LSEG data August 10 at 01:30 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 | 0.01 | -1.88 | Missed |
Mar. 31 2026 | -0.01 | 0.00 | Beat |
Dec. 31 2025 | 0.17 | -7.37 | Missed |
Sep. 30 2025 | 2.59 | 0.62 | Missed |
Recent news on Sharplink
See all newsCrypto-related stocks advance as bitcoin hits two-week high
Crypto-linked stocks rise after bitcoin rebounds
Strategy faces MSCI ouster under new rules, billions in passive holdings at risk (updated)
Strategy faces MSCI ouster under new rules, billions in passive holdings at risk
Bitcoin slide to one-week low hits crypto-linked stocks