Destination XL Group: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Destination XL Group (NASDAQ:DXLG) reported Q1 earnings with an EPS of $0.11, missing estimates by 15.38%. Revenue was down $2.21 million from the same period last year.
May 25, 2023 | 11:10 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Destination XL Group's Q1 earnings missed estimates with an EPS of $0.11, down 15.38% from the expected $0.13. Revenue decreased by $2.21 million YoY.
Destination XL Group's Q1 earnings missed estimates, which could negatively impact the stock price in the short term. The company reported an EPS of $0.11, which is 15.38% lower than the estimated $0.13. Additionally, revenue decreased by $2.21 million compared to the same period last year. This underperformance may lead to a decline in investor confidence and a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100