XO Group, Inc. (XOXO) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS
XO Group, Inc. (NYSE:XOXO) announced its earnings results on Tuesday. The specialty retailer reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.02, Bloomberg Earnings reports. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The company had revenue of $40.24 million for the quarter, compared to analysts’ expectations of $40.58 million. During the same period last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis.
XO Group (NYSE:XOXO) traded up 0.75% during trading on Wednesday, hitting $20.11. 17,180 shares of the stock traded hands. The company has a 50-day moving average price of $19.70 and a 200-day moving average price of $18.21. The stock has a market cap of $501.91 million, a PE ratio of 71.82 and a beta of 0.96. XO Group has a 12 month low of $14.99 and a 12 month high of $20.99.
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Several research analysts have recently commented on XOXO shares. Zacks Investment Research cut shares of XO Group from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. ValuEngine raised shares of XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub cut shares of XO Group from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Roth Capital reiterated a “neutral” rating and set a $20.50 price target on shares of XO Group in a research report on Thursday, October 12th. Finally, B. Riley reiterated a “hold” rating and set a $16.75 price target on shares of XO Group in a research report on Monday. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. XO Group presently has an average rating of “Hold” and a consensus price target of $19.88.
XO Group Company Profile
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).
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