Hut 8 Corp expected to post earnings of 14 cents a share - Earnings Preview

Reuters
05-07
Hut 8 Corp <hut.oq> expected to post earnings of 14 cents a share - Earnings Preview </hut.oq>
  • Hut 8 Corp HUT.OQ HUT.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025

  • The Miami Florida-based company is expected to report a 36.6% decrease in revenue to $32.824 million from $51.74 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Hut 8 Corp is for earnings of 14 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "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 Hut 8 Corp is $26.50​, above​ its last closing price of $12.76. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

1.43

0.95

1.45

Beat

52.9

Sep. 30 2024

-0.18

-0.28

-0.21

Beat

24.3

-0.78

2.76

​​

This summary was machine generated May 6 at 19:50 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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