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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 EPS of $-0.170 on revenue of $3M.
Xcel Brands Inc 's are down 81% and is trading at $0.939 , still down 52.81% from its 52 week high of $1.99 set on Tuesday, May 31, 2022.
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 Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1 on revenue of $21.98B.
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