Riot Blockchain, Inc. (RIOT) closed at $7.32 in the latest trading session, marking a -1.08% move from the prior day. This change lagged the S&P 500's 1.42% gain on the day. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq lost 0.07%.
Coming into today, shares of the company had gained 76.61% in the past month. In that same time, the Business Services sector gained 9.42%, while the S&P 500 gained 6.69%.
Investors will be hoping for strength from Riot Blockchain, Inc. as it approaches its next earnings release. In that report, analysts expect Riot Blockchain, Inc. to post earnings of $0.08 per share. This would mark a year-over-year decline of 38.46%. Our most recent consensus estimate is calling for quarterly revenue of $77.24 million, up 124.85% from the year-ago period.
RIOT's full-year Zacks Consensus Estimates are calling for earnings of $0.64 per share and revenue of $345.62 million. These results would represent year-over-year changes of +6.67% and +62.08%,...
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