Jun. 25 at 3:31 PM
$RIOT still isn’t out of the woods ⚠️
📉 Current Qtr sales are projected to slip 2.80% year over year, while Next Qtr revenue is expected to fall 12.45%
💸 Current Qtr EPS is estimated at -0.21 vs. +0.57 a year ago, with Current Year EPS projected at -2.08
👀 There is a recovery angle here: Next Year sales are expected to grow 22.99%, while EPS is projected to improve from -2.08 to -0.65
RIOT looks like a turnaround setup — but right now, the earnings pressure is still front and center.
See the full earnings outlook here 👉 https://www.zacks.com/stock/quote/RIOT/detailed-earning-estimates?cid=sm-stocktwits-0-detailed_estimates-oc-38542&ADID=SYND_STOCKTWITS_TWEET_0_DETAILEDESTIMATES_OC_38542