Reliance Global Group Inc reports results for the quarter ended in June - Earnings Summary

Reliance Global

16/08/2022 14:28

* Reliance Global Group Inc  RELI.OQ  reported a quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 10 cents per share.
    * Revenue was $4.21 million​; analysts expected $4.40
million. 
    * Reliance Global Group Inc's reported EPS for the quarter
was a
loss of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 233.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Reliance Global Group Inc shares had fallen by 54.0% this
quarter and lost 84.9% so far this year.
    * The company reported a quarterly loss of $2.14 million.
    * Wall Street's median 12-month price target for Reliance
Global
Group Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 16
at 01:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.10          -0.10          Met
 Mar. 31 2022      -0.05          -0.42          Missed