04:48 PM EST, 03/03/2025 (MT Newswires) -- B. Riley Financial ( RILY ) said Monday the preliminary estimate of Q4 diluted net income per common share was $1.57 to $2.22.

Separately, the sale of Atlantic Coast Recycling closed for about $70 million in cash proceeds, B. Riley said in a statement.

The company expects to record a gain of $30 million on the sale in Q1.

B. Riley shares rose 7.4% in recent after-hours trading.