Earnings Outlook For Destination XL Group
Portfolio Pulse from Benzinga Insights
Destination XL Group (NASDAQ:DXLG) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts estimating an EPS of $0.06. The company's past earnings performance shows mixed results, with the last quarter missing EPS estimates by $0.00, leading to a 0.0% change in share price the following day. Over the last year, DXLG shares have declined by 30.31%, indicating a bearish sentiment among long-term shareholders. Investors will be closely watching for both the earnings results and the company's future guidance.
March 20, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Destination XL Group is expected to report an EPS of $0.06 for the upcoming quarter. Historical performance shows mixed results, with a notable 30.31% decline in share price over the past year. Investors will focus on earnings and future guidance.
The expected EPS of $0.06 sets a cautious tone for DXLG's upcoming earnings report. Given the stock's 30.31% decline over the past year, the earnings outcome and future guidance will be crucial for investor sentiment. The historical mixed earnings performance suggests a neutral short-term impact, as investors may weigh the potential for future growth against past performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100