Riot Platforms, Inc. (RIOT) Advances While Market Declines: Some Information for Investors

Company Performance - Riot Platforms, Inc. closed at $12.27, reflecting a +0.33% change from the previous trading day's closing, outperforming the S&P 500 which lost 0.01% [1] - Over the last month, the company's shares decreased by 7.98%, underperforming the Business Services sector's gain of 15.7% and the S&P 500's gain of 4.88% [2] Upcoming Earnings - The earnings report for Riot Platforms, Inc. is scheduled for February 24, 2025, with analysts expecting earnings of -$ 0.27 per share, indicating a year-over-year decline of 156.25% [3] - The consensus estimate projects revenue of $129.3 million, reflecting a 64.02% increase from the same quarter last year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Riot Platforms, Inc. indicate short-term business trends, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks Riot Platforms, Inc. at 3 (Hold) [6] - Over the last 30 days, the Zacks Consensus EPS estimate has decreased by 28.75% [6] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]