Canaan (CAN) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Company Overview - Canaan (CAN) is expected to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with a consensus outlook indicating a quarterly loss of $0.15 per share, reflecting a change of +6.3% year-over-year [1][3] - Revenues are projected to reach $89.12 million, representing a significant increase of 154% compared to the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate for Canaan has been revised 50% higher in the last 30 days, indicating a reassessment by analysts of their initial estimates [4] - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which suggests no recent differing views from analysts [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, with a positive ESP being a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [7][8] - Canaan currently holds a Zacks Rank of 3, making it challenging to predict a definitive earnings beat [11] Historical Performance - In the last reported quarter, Canaan was expected to post a loss of $0.14 per share but instead reported a loss of $0.33, resulting in a surprise of -135.71% [12] - Over the past four quarters, Canaan has surpassed consensus EPS estimates two times [13] Market Context - The broader industry context includes AlTi Global, Inc. (ALTI), which is expected to report a loss of $0.02 per share for the same quarter, indicating a year-over-year change of -300% [17] - AlTi Global's revenue is expected to be $53.9 million, up 6.1% from the previous year, with a consensus EPS estimate revised down by 114.3% in the last 30 days [18]