Investing.com - Xcel Brands Inc reported on Monday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Xcel Brands Inc announced earnings per share of $-0.170 on revenue of $4.5M. Analysts polled by Investing.com anticipated EPS of $-0.170 on revenue of $3M.
Xcel Brands Inc shares are down 81% from the beginning of the year, still down 52.81% from its 52 week high of $1.99 set on May 31.
Xcel Brands Inc follows other major Consumer Discretionary sector earnings this month
Xcel Brands Inc's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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