Terawulf Inc reports results for the quarter ended December 31 - Earnings Summary

Terawulf Inc reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of seven analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -7 cents to 3 cents per share.Revenue rose 50.2% to $34.99 million from a year ago; analysts expected $37.66 million. Terawulf Inc's reported EPS for the quarter was a loss of 8 cents​.The company reported a quarterly loss of $28.32 million.Terawulf Inc shares had fallen by 36.2% this quarter.FORECAST CHANGESThe mean earnings estimate of analysts had fallen by about 33.4% in the last three months.​ In the last 30 days, one analyst negatively revised an earnings estimateRECOMMENDATIONSThe current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "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 Terawulf Inc is $10.00 This summary was machine generated from LSEG data February 28 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact )QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDDec. 31 2024 -0.03-0.08MissedSep. 30 2024 -0.03-0.06MissedJun. 30 2024 -0.02-0.03MissedMar. 31 2024 0.04-0.02Missed