Destination XL Group Inc (DXLG) Q3 2024: Everything You Need to Know Ahead of Earnings

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Nov 21, 2024
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Destination XL Group Inc (DXLG, Financial) is set to release its Q3 2024 earnings on Nov 22, 2024. The consensus estimate for Q3 2024 revenue is $113.46 million, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $478.64 million, and the earnings are expected to be $0.19 per share. More detailed estimate data can be found on the Forecast page.

Destination XL Group Inc (DXLG, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Destination XL Group Inc (DXLG) have declined from $498.80 million to $478.64 million for the full year 2024. For 2025, revenue estimates have decreased from $538.65 million to $509.16 million. Earnings estimates have also decreased, from $0.27 per share to $0.19 per share for the full year 2024, and from $0.31 per share to $0.23 per share for 2025.

Destination XL Group Inc (DXLG, Financial) Reported History

In the previous quarter ending 2024-07-31, Destination XL Group Inc's (DXLG) actual revenue was $124.82 million, which missed analysts' revenue expectations of $132.95 million by -6.12%. Destination XL Group Inc's (DXLG) actual earnings were $0.04 per share, which missed analysts' earnings expectations of $0.09 per share by -55.56%. After releasing the results, Destination XL Group Inc (DXLG) was flat in one day.

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Destination XL Group Inc (DXLG, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Destination XL Group Inc (DXLG) is $3.25, with a high estimate of $4.00 and a low estimate of $2.50. The average target implies an upside of 30% from the current price of $2.50.

Based on GuruFocus estimates, the estimated GF Value for Destination XL Group Inc (DXLG, Financial) in one year is $4.75, suggesting an upside of 90% from the current price of $2.50.

Based on the consensus recommendation from 2 brokerage firms, Destination XL Group Inc's (DXLG, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.