B. Riley Financial Q3 EPS $(2.53) Down From $1.53 YoY, Sales $462.31M Up From $312.12M YoY
Portfolio Pulse from Benzinga Newsdesk
B. Riley Financial reported Q3 losses of $(2.53) per share, a 265.36% decrease YoY. However, the company's sales increased by 48.12% to $462.31 million compared to the same period last year.
November 08, 2023 | 12:56 pm
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NEGATIVE IMPACT
B. Riley Financial's Q3 earnings per share decreased significantly by 265.36% YoY, but sales increased by 48.12%.
The significant decrease in earnings per share indicates a poor financial performance, which could negatively impact the company's stock price. However, the increase in sales could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100