Riot Platforms, Inc. reports results for the quarter ended June 30 - Earnings Summary
Riot Platforms, Inc. reports results for the quarter ended June 30 - Earnings Summary
Riot Platforms, Inc. RIOT.OQ reported a quarterly adjusted loss of 60 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of sixteen analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -39 cents to -3 cents per share.
Revenue rose 13.9% to $174.24 million from a year ago; analysts expected $152.06 million.
Riot Platforms, Inc.'s reported EPS for the quarter was a loss of 68 cents.
The company reported a quarterly loss of $237.17 million.
Riot Platforms, Inc. shares had fallen by 25.1% this quarter and gained 62.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "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 $28.75, about 28.6% above its last closing price of $20.52
This summary was machine generated from LSEG data August 10 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.27 | -0.60 | Missed |
Mar. 31 2026 | -0.59 | -1.44 | Missed |
Dec. 31 2025 | -0.29 | -2.06 | Missed |
Sep. 30 2025 | 0.07 | 0.26 | Beat |