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

• Terawulf Inc WULF.OQ 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 CHANGES

• The 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 estimate

RECOMMENDATIONS

• The 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 Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)