Destination XL Group (DXLG) to Release Earnings on Friday

Destination XL Group (NASDAQ:DXLG) is set to issue its quarterly earnings data before the market opens on Friday, November 22nd. Destination XL Group has set its FY 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Destination XL Group (NASDAQ:DXLG) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.04 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 for the quarter.

Destination XL Group Stock Down 8.2 %

DXLG opened at $2.57 on Wednesday. The stock has a market capitalization of $149.73 million, a price-to-earnings ratio of 10.71 and a beta of 1.32. Destination XL Group has a twelve month low of $2.19 and a twelve month high of $4.76. The firm has a 50 day moving average price of $2.81 and a 200-day moving average price of $3.15.

Wall Street Analyst Weigh In

A number of research firms recently commented on DXLG. DA Davidson lowered their price target on Destination XL Group from $6.00 to $4.00 and set a “buy” rating on the stock in a report on Friday, August 30th. StockNews.com downgraded Destination XL Group from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.

About Destination XL Group

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.