Core Scientific, Inc. (CORZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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Core Scientific, Inc. (CORZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended March 2026, Core Scientific, Inc. (CORZ) reported revenue of $115.24 million, up 44.9% over the same period last year. EPS came in at -$0.10, compared to -$0.10 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $120.2 million, representing a surprise of -4.12%. The company delivered an EPS surprise of -566.67%, with the consensus EPS estimate being -$0.02.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Core Scientific, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Digital asset self-mining revenue: $30.11 million versus $44.68 million estimated by four analysts on average. Revenue- Colocation revenue: $77.54 million compared to the $72.66 million average estimate based on four analysts. Revenue- Digital asset hosted mining revenue from customers: $7.6 million versus $3.81 million estimated by three analysts on average. Digital Asset Hosted Mining gross profit: $3.27 million versus $0.64 million estimated by two analysts on average. Digital Asset Self-Mining gross profit: $-17.08 million versus $4.23 million estimated by two analysts on average. Colocation gross profit: $43.92 million compared to the $42.4 million average estimate based on two analysts.

View all Key Company Metrics for Core Scientific, Inc. here>>>

Shares of Core Scientific, Inc. have returned +31.9% over the past month versus the Zacks S&P 500 composite's +10.3% 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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This article originally published on Zacks Investment Research (zacks.com).

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