Sidoti Csr Estimates Xcel Brands’ Q3 Earnings (NASDAQ:XELB)

Xcel Brands, Inc. (NASDAQ:XELB) – Research analysts at Sidoti Csr dropped their Q3 2024 earnings estimates for shares of Xcel Brands in a research report issued on Tuesday, December 17th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will earn ($0.13) per share for the quarter, down from their previous estimate of ($0.11). The consensus estimate for Xcel Brands’ current full-year earnings is ($0.26) per share. Sidoti Csr also issued estimates for Xcel Brands’ Q4 2024 earnings at ($0.06) EPS and FY2024 earnings at ($0.28) EPS.

Xcel Brands (NASDAQ:XELB) last released its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%.

Separately, StockNews.com assumed coverage on shares of Xcel Brands in a research note on Tuesday, December 17th. They set a “sell” rating on the stock.

Xcel Brands Stock Performance

NASDAQ XELB opened at $0.40 on Friday. Xcel Brands has a twelve month low of $0.35 and a twelve month high of $1.70. The firm has a market cap of $9.43 million, a price-to-earnings ratio of -0.44 and a beta of 1.31. The business has a 50-day moving average price of $0.71 and a 200-day moving average price of $0.70. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08.

Xcel Brands Company Profile

Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.