Destination XL Group (NASDAQ:DXLG) Releases Earnings Results, Meets Expectations

Destination XL Group (NASDAQ:DXLG - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.02, Zacks reports. Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%. The company had revenue of $119.20 million for the quarter, compared to analyst estimates of $120.93 million.

Destination XL Group Trading Down 2.8 %

DXLG traded down $0.05 on Monday, hitting $1.71. 246,031 shares of the company were exchanged, compared to its average volume of 274,468. The company has a market cap of $92.86 million, a price-to-earnings ratio of 11.40 and a beta of 1.15. The firm has a 50-day moving average price of $2.39 and a two-hundred day moving average price of $2.59. Destination XL Group has a twelve month low of $1.66 and a twelve month high of $3.93.

Analyst Ratings Changes

Separately, DA Davidson cut their target price on shares of Destination XL Group from $3.00 to $2.50 and set a "buy" rating on the stock in a research note on Friday.

Destination XL Group Company Profile

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.