Destination XL Group Inc. (DXLG) Issues FY15 Earnings Guidance
Destination XL Group Inc. (NASDAQ:DXLG) issued an update on its FY15 earnings guidance on Thursday morning. The company provided EPS guidance of ($0.12)-(0.16) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.15), AnalystRatings.Net reports. The company issued revenue guidance of $413.0-418.0 million, compared to the consensus revenue estimate of $414.77 million.
Destination XL Group Inc. (NASDAQ:DXLG) opened at 5.30 on Thursday. Destination XL Group Inc. has a 1-year low of $4.91 and a 1-year high of $7.30. The stock has a 50-day moving average of $5.27 and a 200-day moving average of $5.38. The company’s market cap is $258.2 million.
Destination XL Group (NASDAQ:DXLG) last released its earnings data on Thursday, August 28th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.01. The company had revenue of $103.70 million for the quarter, compared to the consensus estimate of $104.43 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts predict that Destination XL Group Inc. will post $-0.14 earnings per share for the current fiscal year.
Destination XL Group, Inc, formerly Casual Male Retail Group, Inc, is a specialty retailer of big and tall men’s apparel with retail operations in the United States and London, England and direct businesses throughout the United States, Canada and Europe.
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