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Hut 8 (HUT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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Hut 8 (HUT - Free Report) reported $71.07 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 14.9%. EPS of -$1.23 for the same period compares to -$0.07 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $75.9 million, representing a surprise of -6.36%. The company delivered an EPS surprise of -16.04%, with the consensus EPS estimate being -$1.06.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Hut 8 performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Digital Infrastructure: $1.38 million versus the five-analyst average estimate of $1.35 million.
  • Revenue- Compute: $68.43 million compared to the $76.26 million average estimate based on five analysts.
  • Revenue- Power: $1.26 million compared to the $1.72 million average estimate based on five analysts.

View all Key Company Metrics for Hut 8 here>>>

Shares of Hut 8 have returned -30.9% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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