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• Xcel Brands Inc XELB.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per share.

• Revenue fell 56.4% to $2.95 million from a year ago; analysts expected $3.28 million.

• Xcel Brands Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly income of $195 thousand.

• Xcel Brands Inc shares had risen by 23.1% this quarter and lost 43.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.1% in the last three months.​

• In the last 30 days, there have been 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," "hold" and "sell" or "strong sell."

• The average consensus recommendation for the entertainment production peer group is also "buy"

Wall Street's median 12-month price target for Xcel Brands Inc is $2.75

This summary was machine generated from LSEG data August 14 at 12:19 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)