B. Riley Financial (NASDAQ:RILY) Releases Q4 2024 Earnings Guidance

B. Riley Financial (NASDAQ:RILY) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of -6.170–5.880 for the period. The company issued revenue guidance of -.

B. Riley Financial Price Performance

B. Riley Financial stock opened at $5.40 on Tuesday. The firm has a 50-day moving average of $4.60 and a 200-day moving average of $5.13. B. Riley Financial has a one year low of $2.73 and a one year high of $40.09. The company has a market cap of $164.68 million, a price-to-earnings ratio of -0.26 and a beta of 1.30.

B. Riley Financial (NASDAQ:RILY) last issued its earnings results on Friday, February 21st. The asset manager reported ($4.97) earnings per share (EPS) for the quarter. B. Riley Financial had a negative net margin of 48.04% and a negative return on equity of 236.88%. The firm had revenue of $199.31 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of B. Riley Financial to a “sell” rating in a research note on Monday, February 24th.

About B. Riley Financial

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.