Earnings Preview: Destination XL Group
Portfolio Pulse from Benzinga Insights
Destination XL Group (NASDAQ:DXLG) is scheduled to release its quarterly earnings report on Friday, 2023-11-17, with analysts expecting an EPS of $0.07. Investors are looking for an earnings beat and positive guidance for future growth. Historically, DXLG's stock price has shown varied reactions to past earnings results. The stock is currently trading at $4.78, down 27.69% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders ahead of the earnings release.
November 16, 2023 | 2:00 pm
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NEUTRAL IMPACT
Destination XL Group is expected to report an EPS of $0.07 for the upcoming earnings, with past performance showing mixed stock reactions. The stock has declined over the past year, indicating bearish sentiment.
The expected EPS is in line with previous quarters, but the stock's reaction to earnings has been inconsistent. The year-to-date decline suggests a bearish outlook, but an earnings beat or strong guidance could influence short-term price movement positively. However, given the historical mixed reactions, the impact score remains neutral.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100