Reliance Global Group Inc expected to post a loss of 84 cents a share - Earnings Preview

Reliance Global

12/05/2023 15:08

* Reliance Global Group Inc  RELI.OQ   RELI.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 15
(estimated). 
    * The Lakewood New Jersey-based  company is expected to
report  a
17.3% increase in revenue to $4.967 million from $4.24 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Reliance Global
Group Inc
is for a loss of 84 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "Buy".​
    * Wall Street's median 12-month price target for Reliance
Global
Group Inc is $4​, below​ its last closing price of $4.18. ​​​

This summary was machine generated May 12 at 14:07 GMT.  All
figures in US dollars  unless otherwise stated