B. Riley Financial Q4 EPS $(2.32) Down From $(2.08) YoY, Sales $347.00M Down From $382.00M YoY
Portfolio Pulse from Happy Mohamed
B. Riley Financial (RILY) reported a Q4 EPS of $(2.32), an 11.54% decrease from $(2.08) YoY. Sales were $347.00M, down 9.16% from $382.00M YoY.
February 29, 2024 | 9:12 pm
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NEGATIVE IMPACT
B. Riley Financial reported a decrease in both EPS and sales for Q4, indicating a challenging quarter.
The reported decrease in both earnings per share (EPS) and sales for B. Riley Financial (RILY) suggests a challenging financial quarter for the company. This could potentially lead to negative investor sentiment in the short term, impacting the stock price negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100