Wall Street brokerages expect XO Group, Inc. (NYSE:XOXO) to report sales of $41.41 million for the current quarter, Zacks reports. Two analysts have provided estimates for XO Group’s earnings. The lowest sales estimate is $41.34 million and the highest is $41.48 million. XO Group posted sales of $41.01 million during the same quarter last year, which would indicate a positive year over year growth rate of 1%. The business is scheduled to issue its next earnings report on Tuesday, February 27th.
On average, analysts expect that XO Group will report full year sales of $41.41 million for the current fiscal year, with estimates ranging from $159.56 million to $159.70 million. For the next financial year, analysts anticipate that the business will report sales of $170.30 million per share, with estimates ranging from $168.40 million to $172.20 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that cover XO Group.
XO Group (NYSE:XOXO) last released its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.02. XO Group had a return on equity of 5.55% and a net margin of 5.35%. The business had revenue of $40.24 million for the quarter, compared to the consensus estimate of $40.58 million. During the same period in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year.
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of XO Group by 5.8% in the 2nd quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock valued at $25,981,000 after purchasing an additional 81,288 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of XO Group by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock valued at $25,960,000 after purchasing an additional 30,800 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of XO Group by 10.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock valued at $23,572,000 after purchasing an additional 129,723 shares during the last quarter. State Street Corp lifted its stake in shares of XO Group by 2.6% in the 2nd quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock valued at $11,555,000 after purchasing an additional 16,400 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of XO Group by 3.5% in the second quarter. Northern Trust Corp now owns 360,337 shares of the specialty retailer’s stock worth $6,349,000 after buying an additional 12,236 shares during the period. 84.28% of the stock is owned by institutional investors and hedge funds.
XO Group (NYSE:XOXO) opened at $19.41 on Friday. The stock has a market capitalization of $498.84, a price-to-earnings ratio of 52.24, a PEG ratio of 3.99 and a beta of 0.94. XO Group has a 1-year low of $14.99 and a 1-year high of $20.99.
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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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