B. Riley Financial (NASDAQ:RILY) Releases Q4 2024 Earnings Guidance

B. Riley Financial (NASDAQ:RILY) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of -6.170–5.880 for the period. The company issued revenue guidance of -.

B. Riley Financial Stock Down 15.5 %

B. Riley Financial stock opened at $5.40 on Tuesday. The stock has a market cap of $164.68 million, a P/E ratio of -0.26 and a beta of 1.30. B. Riley Financial has a twelve month low of $2.73 and a twelve month high of $40.09. The company’s 50-day moving average price is $4.60 and its two-hundred day moving average price is $5.13.

B. Riley Financial (NASDAQ:RILY) last released its quarterly earnings results on Friday, February 21st. The asset manager reported ($4.97) earnings per share for the quarter. B. Riley Financial had a negative net margin of 48.04% and a negative return on equity of 236.88%. The company had revenue of $199.31 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded B. Riley Financial to a “sell” rating in a research note on Monday, February 24th.

B. Riley Financial Company Profile

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.