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Investors Heavily Search Cleanspark, Inc. (CLSK): Here is What You Need to Know
CLSKCleanSpark(CLSK) ZACKS·2025-01-24 15:01

Core Viewpoint - CleanSpark (CLSK) has shown strong stock performance recently, with a return of +10.1% over the past month, outperforming the Zacks S&P 500 composite's +2.5% and the Zacks Financial - Miscellaneous Services industry's +4.2% [1] Earnings Estimate Revisions - The consensus estimate for CleanSpark's current quarter is a loss of 0.09pershare,reflectingayearoveryearchangeof3500.09 per share, reflecting a year-over-year change of -350% [4] - For the current fiscal year, the consensus earnings estimate is 0.18, indicating a change of +169.2% from the previous year [4] - The next fiscal year's consensus earnings estimate is 0.81,showingachangeof+3500.81, showing a change of +350% from the prior year [5] - The Zacks Rank for CleanSpark is 3 (Hold), influenced by the recent changes in earnings estimates and other related factors [6] Revenue Growth - The consensus sales estimate for the current quarter is 151.88 million, representing a year-over-year change of +105.8% [8] - For the current fiscal year, the sales estimate is 788.8million,indicatingachangeof+108.1788.8 million, indicating a change of +108.1%, while the next fiscal year's estimate is 1.08 billion, reflecting a +36.9% change [8] Last Reported Results - CleanSpark reported revenues of 89.28millioninthelastquarter,ayearoveryearincreaseof+96.189.28 million in the last quarter, a year-over-year increase of +96.1% [9] - The EPS for the same period was -0.27, compared to -$0.12 a year ago [9] - The company had a revenue surprise of -0.09% compared to the Zacks Consensus Estimate and an EPS surprise of -8% [10] Valuation - CleanSpark is graded F on the Zacks Value Style Score, indicating it is trading at a premium to its peers [14]