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HC Wainwright Issues Optimistic Outlook for Hut 8 Earnings

Hut 8 logo with Financial Services background

Hut 8 Corp. (TSE:HUT - Free Report) - Research analysts at HC Wainwright upped their Q3 2025 EPS estimates for shares of Hut 8 in a research report issued on Thursday, November 14th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings per share of $0.21 for the quarter, up from their previous estimate of $0.14. HC Wainwright has a "Strong-Buy" rating on the stock. The consensus estimate for Hut 8's current full-year earnings is $0.56 per share. HC Wainwright also issued estimates for Hut 8's Q4 2025 earnings at $0.27 EPS.

Hut 8 Trading Up 8.8 %

TSE:HUT traded up C$2.87 during mid-day trading on Friday, reaching C$35.39. 1,424,307 shares of the company's stock traded hands, compared to its average volume of 1,448,792. The company has a 50 day moving average price of C$19.40 and a 200-day moving average price of C$17.57. Hut 8 has a 12-month low of C$8.35 and a 12-month high of C$39.79. The firm has a market capitalization of C$3.31 billion, a price-to-earnings ratio of -32.72 and a beta of 3.45. The company has a debt-to-equity ratio of 55.19, a current ratio of 1.67 and a quick ratio of 1.26.

Hut 8 (TSE:HUT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C$0.02 earnings per share for the quarter, beating analysts' consensus estimates of C($0.12) by C$0.14. The company had revenue of C$48.18 million for the quarter, compared to analysts' expectations of C$52.06 million. Hut 8 had a negative return on equity of 122.68% and a net margin of 102.21%.

Hut 8 Company Profile

(Get Free Report)

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers.

Further Reading

Earnings History and Estimates for Hut 8 (TSE:HUT)

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