Reliance Global Group Q4 EPS $(3.99) Down From $11.28 YoY, Sales $3.32M Down From $4.16M YoY
Portfolio Pulse from Benzinga Newsdesk
Reliance Global Group reported a significant decrease in Q4 earnings per share, from $11.28 last year to $(3.99) this year, and a 20.17% drop in sales from $4.16M to $3.32M YoY.
April 04, 2024 | 10:08 pm
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Reliance Global Group's Q4 earnings per share plummeted from $11.28 to $(3.99), with sales falling 20.17% from $4.16M to $3.32M YoY.
The significant decrease in both earnings per share and sales for Reliance Global Group is likely to negatively impact investor sentiment and the stock price in the short term. The drastic change from a profitable position to a loss, along with a notable decrease in sales, suggests operational challenges that could concern investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100