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Brokers Offer Predictions for Hut 8's Q1 Earnings (TSE:HUT)

Hut 8 logo with Financial Services background

Hut 8 Corp. (TSE:HUT - Free Report) - Equities researchers at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for shares of Hut 8 in a note issued to investors on Friday, November 8th. HC Wainwright analyst M. Colonnese expects that the company will earn ($0.29) per share for the quarter. HC Wainwright currently 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 Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.14 EPS and Q4 2025 earnings at $0.24 EPS.

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

Hut 8 Stock Performance

Shares of TSE:HUT traded up C$7.03 on Monday, hitting C$34.23. The company's stock had a trading volume of 3,571,648 shares, compared to its average volume of 1,435,099. Hut 8 has a 12 month low of C$8.35 and a 12 month high of C$35.25. The company has a market capitalization of C$3.20 billion, a price-to-earnings ratio of -28.94 and a beta of 3.45. The stock's 50-day moving average is C$17.75 and its two-hundred day moving average is C$17.00. The company has a debt-to-equity ratio of 55.19, a quick ratio of 1.26 and a current ratio of 1.67.

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.

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