$0.11 Earnings Per Share Expected for XO Group Inc (XOXO) This Quarter

Brokerages expect XO Group Inc (NYSE:XOXO) to post $0.11 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for XO Group’s earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.11. XO Group posted earnings per share of $0.12 during the same quarter last year, which would indicate a negative year-over-year growth rate of 8.3%. The business is expected to issue its next quarterly earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that XO Group will report full year earnings of $0.32 per share for the current financial year, with EPS estimates ranging from $0.30 to $0.36. For the next fiscal year, analysts expect that the business will post earnings of $0.49 per share, with EPS estimates ranging from $0.46 to $0.53. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow XO Group.

XO Group (NYSE:XOXO) last announced its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. The business had revenue of $40.24 million for the quarter, compared to the consensus estimate of $40.58 million. XO Group had a return on equity of 5.55% and a net margin of 5.35%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the business posted $0.07 EPS.

Several equities analysts have recently issued reports on the company. Zacks Investment Research cut XO Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. 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. B. Riley lifted their price target on XO Group from $16.75 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Finally, BidaskClub upgraded XO Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. XO Group currently has a consensus rating of “Hold” and a consensus target price of $19.38.

Shares of XO Group (XOXO) opened at $18.84 on Friday. The firm has a market capitalization of $484.19, a price-to-earnings ratio of 55.41, a price-to-earnings-growth ratio of 2.52 and a beta of 0.92. XO Group has a 12 month low of $14.99 and a 12 month high of $20.99.

Several hedge funds have recently modified their holdings of the company. Macquarie Group Ltd. acquired a new stake in shares of XO Group in the third quarter worth about $132,000. BNP Paribas Arbitrage SA lifted its position in shares of XO Group by 88.9% in the second quarter. BNP Paribas Arbitrage SA now owns 8,943 shares of the specialty retailer’s stock worth $158,000 after buying an additional 4,209 shares during the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of XO Group in the second quarter worth about $302,000. Alliancebernstein L.P. bought a new position in shares of XO Group in the second quarter worth about $319,000. Finally, Voya Investment Management LLC increased its stake in shares of XO Group by 9.6% in the second quarter. Voya Investment Management LLC now owns 18,136 shares of the specialty retailer’s stock worth $320,000 after purchasing an additional 1,593 shares during the period. Institutional investors and hedge funds own 84.43% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/01/05/0-11-earnings-per-share-expected-for-xo-group-inc-xoxo-this-quarter.html.

About XO Group

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).

Get a free copy of the Zacks research report on XO Group (XOXO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for XO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply