Recap: Xcel Brands Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Xcel Brands (NASDAQ:XELB) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:45 PM.

Here's what investors need to know about the announcement.

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Earnings

Xcel Brands missed estimated earnings by 5.88%, reporting an EPS of $-0.18 versus an estimate of $-0.17.

Revenue was down $2.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 6.62% drop in the share price the next day.

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.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps