The upcoming earnings report for Riot Platforms, Inc. is scheduled for Wednesday, April 29th. Analysts expect a consensus estimate EPS of -0.33.
Riot Platforms, Inc. is currently priced at $16.53, experiencing a price change of -$1.75 (-9.57%) from the previous close at $18.28. The trading volume is at $7.40 million, which is 37.15% higher than the average.
The latest quarterly earnings for RIOT were reported on Sunday, March 1st, with a consensus estimate EPS of -0.22. The consensus estimate revenue for the same period was $158 million.
On April 21st, Piper Sandler maintained RIOT's grade at "Overweight," with a previous and new grade of "Overweight." The stock price when this grade was published was $18.11, with a current action as "hold."
RIOT reported a net change in cash of -$96.57 million in the latest period. The company ended the period with $309.79 million in cash, with operating cash flow at -$105.53 million.
RIOT's income statement indicates a net income of -$690.75 million, resulting in an EPS of -$2. The revenue for the period was $152.83 million, with a gross profit of $47 million.
Key financial ratios show RIOT's net profit margin at -451.97%, return on equity at -24.17%, and a price to book ratio of 1.51.
The balance sheet highlights RIOT's total assets at $3.94 billion, with total liabilities of $1 billion and net debt of $46.33 million.
This comprehensive real-time financial report provides insights into RIOT's current financial performance and upcoming earnings prospects.
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.