Recap: Xcel Brands Q3 Earnings

Xcel Brands 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.

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