Riot Platforms (NASDAQ:RIOT) is set to announce Q2 2025 earnings on July 31st, with a consensus EPS estimate of -$0.19 (+40.6% Y/Y) and a consensus revenue estimate of $153.9M (+119.8% Y/Y). Over the past 2 years, RIOT has exceeded earnings estimates 7 times and missed 1 time, with an average surprise of 1.41%. The company has seen significant growth in revenue due to the increasing demand for its cryptocurrency mining and gaming platforms.
Title: Riot Platforms (NASDAQ:RIOT) Set to Report Q2 2025 Earnings
Riot Platforms (NASDAQ:RIOT) is scheduled to release its second-quarter 2025 earnings on July 31st. Analysts are anticipating an earnings per share (EPS) of -$0.08, with a consensus revenue estimate of $153.9 million, representing a year-over-year growth of 119.8%. Over the past two years, Riot Platforms has exceeded earnings estimates seven times and missed once, with an average surprise of 1.41%.
The company's recent performance has been driven by significant growth in revenue, largely due to the increasing demand for its cryptocurrency mining and gaming platforms. The completion of the first phase of the Corsicana Facility and the acquisition of E4A Solutions have contributed to higher revenues. Additionally, the 17.8% rise in Bitcoin prices over the past six months is expected to have positively impacted the top line.
Despite the positive revenue growth, Riot Platforms has faced challenges in profitability. The company reported earnings of 32 cents per share last year, but the consensus estimate for the current quarter is pegged at a loss of 19 cents per share. Improved efficiency from acquiring Rhodium mining operations is anticipated to narrow the loss per share.
Historically, Riot Platforms has had a mixed performance in earnings surprises, with a negative average surprise of 60.6% over the past four quarters. However, the company's Earnings ESP of +21.05% and a Zacks Rank of 4 (Sell) at present suggest a potential for an earnings beat this quarter.
Investors should pay close attention to the earnings call for any positive guidance or forecasted growth for the next quarter, as the stock price can be significantly influenced by the company's outlook. Riot Platforms has shown resilience in the face of market volatility, with shares trading at $13.6 as of July 29, up 47.56% over the last 52 weeks.
References:
[1] https://finance.yahoo.com/news/riot-platforms-set-report-q2-135800845.html
[2] https://www.benzinga.com/insights/earnings/25/07/46734797/earnings-outlook-for-riot-platforms
[3] https://www.marketscreener.com/news/kraken-reports-q2-rev-412-mln-ce7c5fdfde80fe22
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