XCel Brands (XELB) Reports Q3 Loss, Tops Revenue Estimates
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XCel Brands (XELB) reported a Q3 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.12 loss. This is an improvement from the $0.15 loss per share reported a year ago.
December 20, 2024 | 11:45 pm
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XCel Brands reported a Q3 loss of $0.06 per share, better than the expected $0.12 loss, and an improvement from last year's $0.15 loss.
The better-than-expected earnings report is likely to have a positive short-term impact on XELB's stock price. The improvement from last year's loss also suggests positive momentum.
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