Recap: Xcel Brands Q3 Earnings

Xcel Brands (NASDAQ:XELB) reported its Q3 earnings results on Monday, November 20, 2023 at 04:18 PM.

Here's what investors need to know about the announcement.

Xcel Brands beat estimated earnings by 6.25%, reporting an EPS of $-0.15 versus an estimate of $-0.16.

Revenue was down $1.86 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 5.13% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.13	-0.17	-0.20	-0.19
EPS Actual	-0.09	-0.18	-0.32	-0.17
Revenue Estimate	6.22M	3.95M	5.54M	4.62M
Revenue Actual	6.78M	6.05M	4.07M	4.50M

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.