XCel Brands (NASDAQ:XELB) Issues Quarterly Earnings Results

XCel Brands (NASDAQ:XELB) issued its quarterly earnings results on Thursday. The textile maker reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.01, Bloomberg Earnings reports. The company had revenue of $9.14 million for the quarter, compared to the consensus estimate of $10.20 million. XCel Brands had a return on equity of 3.90% and a net margin of 1.94%.

NASDAQ XELB traded down $0.14 during trading on Friday, hitting $1.81. The company’s stock had a trading volume of 152,763 shares, compared to its average volume of 283,317. The company has a current ratio of 1.40, a quick ratio of 1.30 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $2.15. The firm has a market cap of $34.25 million, a price-to-earnings ratio of 9.05, a P/E/G ratio of 0.56 and a beta of 1.34. XCel Brands has a 52 week low of $1.00 and a 52 week high of $3.50.

XELB has been the topic of several recent analyst reports. ValuEngine raised XCel Brands from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. Zacks Investment Research raised XCel Brands from a “sell” rating to a “hold” rating in a research report on Friday, May 17th.

XCel Brands Company Profile

Xcel Brands, Inc, together with its subsidiaries, operates as a consumer products company in the United States. The company designs, produces, licenses, markets, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the H Halston, the C Wonder, and the Highline Collective brands.

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Earnings History for XCel Brands (NASDAQ:XELB)

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