Terawulf Inc expected to post a loss of 3 cents a share - Earnings Preview

Terawulf

08/11/2024 23:30

* Terawulf Inc  WULF.OQ   WULF.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Easton Maryland-based  company is expected to report a
80.8% increase in revenue to $34.276 million from $18.96 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Terawulf Inc is for a
loss
of 3 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Terawulf
Inc is
$7.00​, below​ its last closing price of $8.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.02       -0.02      -0.03     Missed  -66.7
 Mar. 31 0001  0.06        0.04       -0.02     Missed  -150
 Dec. 31 2023  -0.02       -0.02      -0.03     Missed  -33.3​
 Sep. 30 2023  -0.06       -0.05      -0.09     Missed  -87.5
 ​​Jun.        -0.04       -0.03      -0.08     Missed  -140
 30 2023                                                
 Jan. 1 0001   -0.04       -0.04      -0.16     Missed  -300​
 Dec. 31 2022  -0.11       -0.11      -0.19     Missed  -72.7
 Sep. 30 2022              -0.10      -0.32     Missed  -220
 This summary was machine generated November 8 at 23:30 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)