CleanSpark closed at $16.33, up 2.9% from the prior day, outperforming the S&P 500 which lost 0.05%. The Dow fell 0.09% and the Nasdaq dropped 0.24%. Over the past month, CleanSpark shares have declined 12.51%, underperforming the Finance sector's 2.3% gain. The company's upcoming earnings are projected at a loss of $0.29 per share, a 137.18% drop from the same quarter last year, with revenue expected at $158.26 million, down 20.33%. For the full year, the Zacks Consensus Estimates forecast a loss of $3.20 per share and revenue of $642.95 million, representing declines of 550.7% and 16.1% respectively. CleanSpark currently holds a Zacks Rank of #4, indicating a Sell rating.
CleanSpark IncUpcoming earnings expected to show significant losses and revenue decline, with a Zacks Sell rating.