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

Reliance Global

15/11/2022 14:32

* Reliance Global Group Inc  RELI.OQ  reported a quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 7 cents per share.
    * Revenue was $4.15 million​; analysts expected $5.60
million. 
    * The mean earnings estimate of analysts was unchanged 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 9.5% this
quarter and lost 89.1% so far this year.
    * 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 November
15 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.07          -0.10          Missed
 Jun. 30 2022      -0.10          -0.10          Met
 Mar. 31 2022      -0.05          -0.42          Missed