On Thursday 29th August 2024, Destination XL Group (NASDAQ: DXLG) will release its highly anticipated second quarter financial results. This important announcement is scheduled to occur before market open.
Financial analysts on Wall Street are anticipating that the business will announce an estimated $0.09 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $132.95 million for this period.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.23, attributed to the company's total revenue of $140.04 million.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $498.8 million. At the same time, they are expecting the company to achieve per share profit of $0.26 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.06 | -45.5% | 115.49 M | -7.9% |
| Q4 2023 | $0.10 | -23.1% | 137.14 M | -4.7% |
| Q3 2023 | $0.07 | -56.3% | 119.19 M | -8.1% |
| Q2 2023 | $0.23 | -28.1% | 140.04 M | -3.2% |
*Growth on year-over-year basis
DXLG will host a conference call with investment community on 29th August 2024 at 09:00 AM eastern time to discuss the financial results.
Destination XL Group (DXLG) shares experienced a range of $2.75 to $2.91 on a day volume of 205.00 thousand shares. The stock closed Tuesday's regular trading session at $2.76, demonstrating a 5.8 percent decrease.
