Reliance Global Group shares are trading lower after the company reported a year-over-year decrease in Q1 EPS results.
Portfolio Pulse from Benzinga Newsdesk
Reliance Global Group shares are trading lower following the company's report of a year-over-year decrease in Q1 EPS results.
May 21, 2024 | 11:53 am
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Reliance Global Group reported a year-over-year decrease in Q1 EPS results, leading to a decline in its share price.
The decrease in Q1 EPS results indicates weaker financial performance compared to the previous year, which is likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100