Q1 Earnings Estimate for Hut 8 Issued By HC Wainwright

Hut 8 Corp. (TSE:HUT) – HC Wainwright issued their Q1 2025 earnings estimates for Hut 8 in a report released 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 Stock Performance

Shares of HUT stock opened at C$33.27 on Monday. The firm has a market capitalization of C$3.11 billion, a price-to-earnings ratio of -31.99 and a beta of 3.45. The stock has a fifty day moving average of C$18.16 and a 200 day moving average of C$17.16. Hut 8 has a 52 week low of C$8.35 and a 52 week high of C$35.25. The company has a quick ratio of 1.26, a current ratio of 1.67 and a debt-to-equity ratio of 55.19.

Hut 8 (TSE:HUT) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.02 earnings per share for the quarter, topping analysts’ consensus estimates of C($0.12) by C$0.14. The firm had revenue of C$48.18 million for the quarter, compared to analyst estimates 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

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.