Xcel Brands Earnings Report: Q3 Overview

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Xcel Brands XELB announced its Q3 earnings on Friday, December 20, 2024 at 04:30 PM.

Here's a breakdown of the earnings report.

Earnings

Xcel Brands beat estimated earnings by 54.0%, reporting an EPS of $-0.06 versus an estimate of $-0.13.

Revenue was down $725 thousand from the same period last year.

Overview of Past Earnings

During the previous quarter, the company beat on EPS by $0.07, leading to a 2.0% drop share price change the next day.

Here's a look at Xcel Brands's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.08 -0.18 -0.25 -0.16
EPS Actual -0.01 -0.09 -0.24 -0.15
Revenue Estimate 3.62M 2.20M 2.46M 2.80M
Revenue Actual 2.95M 2.18M 2.29M 2.64M

To track all earnings releases for Xcel Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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