• CleanSpark Inc CLSK.OQ reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of six analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from -12 cents to 81 cents per share.

• Revenue rose 120% to $162.31 million from a year ago; analysts expected $151.99 million.

• CleanSpark Inc's reported EPS for the quarter was 83 cents​.

• The company reported quarterly net income of $241.65 million.

• CleanSpark Inc shares had risen by 11.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 493.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

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 CleanSpark Inc is $24.50

This summary was machine generated from LSEG data February 6 at 10:47 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)