Terawulf Inc reports results for the quarter ended September 30 - Earnings Summary

• Terawulf Inc WULF.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -9 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 -6 cents tozero cents per share.

• Revenue rose 42.8% to $27.06 million from a year ago; analysts expected $34.28 million.

• Terawulf Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $23.03 million.

• Terawulf Inc shares had risen by 82.3% this quarter and gained 255.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 35.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Terawulf Inc is $7.00

This summary was machine generated from LSEG data November 13 at 02:25 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)