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Xcel Brands Q3 Adj $(0.15) Beats $(0.16) Estimate, Sales $2.60M Miss $2.80M Estimate

Author: Benzinga Newsdesk | November 20, 2023 04:20pm

Xcel Brands (NASDAQ:XELB) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.16) by 6.25 percent. This is a 11.76 percent increase over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $2.60 million which missed the analyst consensus estimate of $2.80 million by 7.18 percent. This is a 42.24 percent decrease over sales of $4.50 million the same period last year.

Posted In: XELB