Earnings Preview For Reliance Global Group
Portfolio Pulse from Benzinga Insights
Reliance Global Group (NASDAQ:RELI) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.70. The company's past performance shows a pattern of share price drops following earnings reports. The stock is currently trading at $3.28, down 75.96% over the last 52-week period.
August 09, 2023 | 6:01 pm
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NEGATIVE IMPACT
Reliance Global Group is expected to report a negative EPS for the upcoming quarter. The company's stock has a history of falling after earnings reports and is currently down significantly over the past year.
The company is expected to report a negative EPS, which is generally seen as a negative indicator for the company's financial health. Additionally, the company's stock has a history of falling after earnings reports, suggesting that investors may react negatively to the upcoming report. The stock is also down significantly over the past year, indicating a negative trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100