Core Scientific Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
Core Scientific, Inc. (CORZ)
Company Research
Source: Yahoo! Finance
US$1.56 loss per share (further deteriorated from US$0.11 loss in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates significantly. Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in the US. Performance of the American IT industry. The company's shares are up 24% from a week ago. Be aware that Core Scientific is showing 2 warning signs in our investment analysis and 1 of those is concerning... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financi
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CORZ
News
- Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers [MSNBC.com]MSNBC.com
- Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers [CNBC]CNBC
- Oppenheimer sees 32% upside in Block shares, upgrades to Outperform [Yahoo! Finance]Yahoo! Finance
- Core Scientific finds a balance in bitcoin mining and AI: CEO [Yahoo! Finance Canada]Yahoo! Finance Canada
- Core Scientific, Inc. (NASDAQ: CORZ) had its price target raised by analysts at BTIG Research from $19.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
CORZ
Earnings
- 11/6/24 - Miss
CORZ
Sec Filings
- 12/16/24 - Form 4
- 12/9/24 - Form 4
- 12/6/24 - Form 424B3
- CORZ's page on the SEC website