Destination XL Group Q2 Adj EPS $0.23 Beats $0.18 Estimate, Sales $139.18M Beat $138.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Destination XL Group (NASDAQ:DXLG) reported Q2 adjusted earnings of $0.23 per share, beating the analyst consensus estimate of $0.18 by 27.78%. However, this is a 28.13% decrease from the same period last year. The company also reported quarterly sales of $139.18 million, beating the analyst consensus estimate of $138.55 million by 0.45%, but this is a 3.77% decrease from the same period last year.
August 24, 2023 | 11:02 am
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NEUTRAL IMPACT
Destination XL Group's Q2 earnings and sales beat estimates but decreased compared to the same period last year.
While Destination XL Group beat analyst estimates for Q2 earnings and sales, the figures represent a decrease from the same period last year. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100