• IREN Ltd IREN.OQ reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of eleven analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -11 cents to 9 cents per share.

• Revenue rose 169.9% to $113.48 million from a year ago; analysts expected $109.69 million.

• IREN Ltd's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $18.88 million.

• IREN Ltd shares had risen by 26.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 67.2% 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 10 "strong buy" or "buy," 2 "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 IREN Ltd is $22.00

This summary was machine generated from LSEG data February 13 at 01:00 a.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)