Xcel Brands (NASDAQ:XELB) reported its Q3 earnings results on Monday, November 20, 2023 at 04:18 PM.
Here’s what investors need to know about the announcement.
Earnings
Xcel Brands beat estimated earnings by 6.25%, reporting an EPS of $-0.15 versus an estimate of $-0.16.
Revenue was down $1.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 5.13% increase in the share price the next day.
Here’s a look at Xcel Brands’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.17 | -0.20 | -0.19 |
| EPS Actual | -0.09 | -0.18 | -0.32 | -0.17 |
| Revenue Estimate | 6.22M | 3.95M | 5.54M | 4.62M |
| Revenue Actual | 6.78M | 6.05M | 4.07M | 4.50M |
To track all earnings releases for Xcel Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
