Compared to Estimates, Riot Platforms, Inc. (RIOT) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Riot Platforms, Inc. (RIOT) reported revenue of $79.3 million, up 8.3% over the same period last year. EPS came in at$ 0.81, compared to $0.04 in the year-ago quarter.The reported revenue represents a surprise of -13.95% over the Zacks Consensus Estimate of$ 92.15 million. With the consensus EPS estimate being -$0.21, the EPS surprise was +485.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...