Destination XL Group Inc reports results for the quarter ended July 31 - Earnings Summary

• Destination XL Group Inc DXLG.OQ reported quarterly breakeven results​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of two analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -5 cents to -1 cents per share.

• Revenue fell 7.5% to $115.51 million from a year ago; analysts expected $117.28 million.

• Destination XL Group Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $265 thousand.

• Destination XL Group Inc shares had risen by 17.1% this quarter and lost 51.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

• Wall Street's median 12-month price target for Destination XL Group Inc is $1.65, about 21.2% above its last closing price of $1.30

This summary was machine generated from LSEG data August 27 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)