Riot Platforms, Inc. (RIOT) Outperforms Broader Market: What You Need to Know

Company Performance - Riot Platforms, Inc. closed at $10.11, reflecting a +2.64% change from the previous session, outperforming the S&P 500's daily gain of 0.09% [1] - The stock has increased by 16.16% over the past month, surpassing the Finance sector's gain of 5.44% and the S&P 500's gain of 7.21% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.26, which is an improvement of 18.75% from the prior-year quarter [2] - Revenue is projected to be $142.25 million, representing a significant increase of 103.15% from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at -$1.53 per share, indicating a decline of 550% from the prior year [3] - Revenue for the full year is estimated at $623.25 million, reflecting a growth of 65.47% from the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Riot Platforms, Inc. are crucial as they indicate changing business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Riot Platforms, Inc. at 5 (Strong Sell) [6] - Over the past month, the Zacks Consensus EPS estimate has decreased by 0.52% [6] - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 141, placing it in the bottom 43% of all industries [7]