Riot Platforms' Earnings Surge

Riot Platforms, Inc. has seen a significant increase in its estimated earnings for the current year, with a rise of 49.1% over the past month to -$0.36. This change is due to growing optimism about the company's earnings prospects, as reflected in the upward revision of EPS estimates.

In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $11.88, marking a +0.25% adjustment from its previous day's close. The company is expected to report earnings of -$0.21 per share, a year-over-year decline of 625%. The company's projected net sales are $92.15 million, a 25.82% increase from the same period last year.

For the entire fiscal year, the company's predicted earnings are -$0.36 per share and a revenue of $467.75 million. These figures indicate changes of -28.57% and +66.64%, respectively, from the previous year.