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CleanSpark, Inc. (CLSK - Free Report) is scheduled to report its third-quarter fiscal 2023 results on Aug 9, after the closing bell.
The company has a disappointing earnings surprise history, with a negative average earnings surprise of 211.3% in the past four quarters.
Q3 Expectations
The Zacks Consensus Estimate for CleanSpark’s revenues in the to-be-reported quarter is pegged at $46.2 million, indicating 48.9% year-over-year increase. The top line is likely to have benefited from the improvement in bitcoin mining.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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