Riot Platforms Inc reports results for the quarter ended December 31 - Earnings Summary

Riot Platforms Inc reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of twelve analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from -34 cents to $1.04 per share.Revenue rose 80.9% to $142.56 million from a year ago; analysts expected $135.05 million. Riot Platforms Inc's reported EPS for the quarter was 44 cents​.The company reported quarterly net income of $136.44 million.Riot Platforms Inc shares had risen by 2.4% this quarter.FORECAST CHANGESThe mean earnings estimate of analysts had risen by about 259.7% in the last three months.​ In the last 30 days, one analyst negatively revised an earnings estimateRECOMMENDATIONSThe current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"Wall Street's median 12-month price target for Riot Platforms Inc is $17.25 This summary was machine generated from LSEG data February 25 at 02:58 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact )QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDDec. 31 2024 0.180.44BeatSep. 30 2024 -0.16-0.54MissedJun. 30 2024 -0.14-0.41MissedMar. 31 2024 -0.140.81Beat