Riot Platforms, Inc. (RIOT) Rises As Market Takes a Dip: Key Facts

Company Performance - Riot Platforms, Inc. closed at $11.64, reflecting a +0.26% change from the previous day, outperforming the S&P 500 which fell by 0.95% [1] - The stock has decreased by 3.41% over the past month, underperforming the Business Services sector's gain of 8.87% and the S&P 500's gain of 1.86% [1] Earnings Report Expectations - Riot Platforms, Inc. is projected to report earnings of -$0.27 per share, indicating a year-over-year decline of 156.25% [2] - The consensus estimate anticipates revenue of $129.25 million, representing a 63.96% increase from the same quarter last year [2] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Riot Platforms, Inc. are important as they reflect changes in near-term business trends [3] - Positive revisions in estimates indicate analysts' confidence in the company's performance and profit potential [3] Zacks Rank and Industry Position - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Riot Platforms, Inc. currently holds a Zacks Rank of 2 (Buy) [5] - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 85, placing it in the top 34% of over 250 industries [6]