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 Price Performance

Shares of NASDAQ:RILY traded down $0.99 on Monday, reaching $5.40. 4,435,064 shares of the company traded hands, compared to its average volume of 2,634,933. B. Riley Financial has a fifty-two week low of $2.73 and a fifty-two week high of $40.09. The company’s 50 day moving average is $4.60 and its 200-day moving average is $5.13. The stock has a market capitalization of $164.68 million, a PE ratio of -0.26 and a beta of 1.30.

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

Analysts Set New Price Targets

Separately, StockNews.com raised shares of 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.