Xcel Brands Inc expected to post a loss of 18 cents a share - Earnings Preview

XCel Brands

14/05/2024 12:04

* Xcel Brands Inc  XELB.OQ   XELB.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 16 (estimated)
for the period ending March 31 2024
    * The New York City-based  company is expected to report a
63.6% decrease in revenue to $2.2 million from $6.05 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Xcel Brands Inc is for a
loss
of 18 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts had fallen by
about 38.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Xcel Brands
Inc
is $3.00​, above​ its last closing price of $0.71. ​​​

This summary was machine generated May 14 at 11:04 GMT.  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)