Iris Energy (US:IREN) ZACKS·2025-11-06 23:46Core Insights - IREN Limited reported a quarterly loss of $0.34 per share, significantly worse than the Zacks Consensus Estimate of $0.14, marking an earnings surprise of -342.86% [1] - The company achieved revenues of $240.3 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 8.83% and showing substantial growth from $54.39 million year-over-year [2] - IREN Limited's stock has increased approximately 678.1% year-to-date, outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $234.73 million, while the estimate for the current fiscal year is $0.69 on revenues of $1.05 billion [7] - The trend of estimate revisions for IREN Limited has been unfavorable, resulting in a Zacks Rank of 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which IREN Limited belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Inter & Co. Inc. (INTR), is expected to report quarterly earnings of $0.14 per share, reflecting a year-over-year increase of 40% [9]