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

Reuters11-09
Terawulf Inc <wulf.oq> expected to post a loss of 3 cents a share - Earnings Preview </wulf.oq>
  • 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 ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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. 30 2023

-0.04

-0.03

-0.08

Missed

-140

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)

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