NASDAQ:IREN - Get Free Report ) will post its quarterly earnings results after the market closes on Wednesday, May 15th. Analysts expect Iris Energy to post earnings of $0.12 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link .
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Iris Energy (NASDAQ:IREN - Get Free Report ) last posted its earnings results on Thursday, February 15th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $42.57 million for the quarter, compared to the consensus estimate of $37.58 million. On average, analysts expect Iris Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Iris Energy Price Performance IREN stock traded up $0.06 during mid-day trading on Wednesday, reaching $5.13. 3,794,367 shares of the company traded hands, compared to its average volume of 8,893,500. The firm's 50 day moving average price is $5.17 and its 200 day moving average price is $5.11. Iris Energy has a fifty-two week low of $2.79 and a fifty-two week high of $9.69.
Analysts Set New Price Targets IREN has been the subject of a number of analyst reports. Canaccord Genuity Group reissued a "buy" rating and issued a $9.00 price target on shares of Iris Energy in a research report on Monday. HC Wainwright reissued a "buy" rating and set a $10.00 price target on shares of Iris Energy in a research report on Tuesday, April 2nd. B. Riley reduced their price objective on shares of Iris Energy from $10.00 to $9.50 and set a "buy" rating for the company in a research report on Friday, March 15th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $10.00 target price on shares of Iris Energy in a research report on Thursday, March 28th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $12.00.
Read Our Latest Stock Analysis on Iris Energy
Iris Energy Company Profile (
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Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
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