Destination XL Group (DXLG) to Release Quarterly Earnings on Friday

Destination XL Group (NASDAQ:DXLG) is set to release its earnings data before the market opens on Friday, November 22nd. Destination XL Group has set its FY 2024 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.05). Destination XL Group had a net margin of 3.11% and a return on equity of 11.10%. The firm had revenue of $124.82 million during the quarter.

Destination XL Group Price Performance

Shares of NASDAQ:DXLG opened at $3.00 on Friday. The stock’s 50-day moving average is $2.80 and its 200 day moving average is $3.16. The company has a market cap of $174.78 million, a PE ratio of 12.42 and a beta of 1.32. Destination XL Group has a 1 year low of $2.19 and a 1 year high of $4.90.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DXLG. StockNews.com cut Destination XL Group from a “buy” rating to a “hold” rating in a research note on Friday, October 4th. DA Davidson dropped their target price on shares of Destination XL Group from $6.00 to $4.00 and set a “buy” rating on the stock in a report on Friday, August 30th.

Destination XL Group Company Profile

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men’s clothing and shoes in the United States. The company’s stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.