Xcel Brands Inc expected to post a loss of 11 cents a share - Earnings Preview

Reuters11-15

Xcel Brands Inc <xelb.oq> expected to post a loss of 11 cents a share - Earnings Preview </xelb.oq>

Xcel Brands Inc XELB.OQ XELB.O is expected to show a fall in quarterly revenue when it reports results on November 18 (estimated) for the period ending September 30 2024
The New York City-based company is expected to report a 39.4% decrease in revenue to $1.598 million from $2.64 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 11 cents per share.
The one available analyst rating on the shares is "buy".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Xcel Brands Inc is 2.50, above its last closing price of $0.76.

This summary was machine generated November 15 at 11:13 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)

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