Riot Platforms, Inc. (RIOT) Q4 Earnings and Revenues Surpass Estimates

Financial Performance - Riot Platforms, Inc. reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of a loss of$ 0.27 per share, and down from earnings of $0.48 per share a year ago, representing an earnings surprise of 262.96% [1] - The company posted revenues of$ 142.56 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 10.26%, compared to year-ago revenues of $78.83 million [2] Market Performance - Riot Platforms, Inc. shares have increased approximately 2.5% since the beginning of the year, while the S&P 500 has gained 2.2% [3] Future Outlook - The company's earnings outlook will be crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$ 0.19 on revenues of $149.8 million, and -$ 0.64 on revenues of $668.49 million for the current fiscal year [7] Industry Context - The Technology Services industry, to which Riot Platforms, Inc. belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]