B. Riley Financial (NASDAQ:RILY - Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of -6.170--5.880 for the period. The company issued revenue guidance of -.
B. Riley Financial Trading Up 8.8 %
RILY traded up $0.46 during midday trading on Wednesday, hitting $5.70. 1,283,501 shares of the company were exchanged, compared to its average volume of 2,592,945. The firm has a market capitalization of $173.83 million, a price-to-earnings ratio of -0.27 and a beta of 1.30. The company's 50 day simple moving average is $4.62 and its 200 day simple moving average is $5.13. B. Riley Financial has a 1-year low of $2.73 and a 1-year high of $40.09.
B. Riley Financial (NASDAQ:RILY - Get Free Report) last posted its earnings results on Friday, February 21st. The asset manager reported ($4.97) earnings per share (EPS) for the quarter. The firm had revenue of $199.31 million during the quarter. B. Riley Financial had a negative net margin of 48.04% and a negative return on equity of 236.88%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded B. Riley Financial to a "sell" rating in a research report on Monday, February 24th.
Check Out Our Latest Research Report on RILY
About B. Riley Financial
(
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B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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