Destination XL Group Inc reports results for the quarter ended October 31 - Earnings Summary

Destination XL

22/11/2024 14:31

* Destination XL Group Inc  DXLG.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended October 31,
lower than the same quarter last year, when the company reported
EPS of 6 cents.  The mean expectation of two analysts for the
quarter was for earnings of 3 cents per share. Wall Street
expected results to range from 2 cents to 4 cents per share.
    * Revenue fell 9.8% to $107.50 million from a year ago;
analysts
expected $113.46 million. 
    * Destination XL Group Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $1.81 million.
    * Destination XL Group Inc shares had fallen by 12.2% this
quarter and lost 41.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 45.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is  "hold."

Wall Street's median 12-month price target for Destination XL
Group Inc is $3.25 
This summary was machine generated from LSEG data November 22 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.03           -0.03          Missed
 Jul. 31 2024      0.09           0.04           Missed
 Apr. 30 2024      0.05           0.06           Beat
 Jan. 31 2024      0.07           0.08           Beat