Xcel(US:XELB) ZACKS·2024-12-20 23:30Company Performance - XCel Brands shares have lost about 60.3% since the beginning of the year, while the S&P 500 has gained 23% [1] - The company reported a quarterly loss of $0.06 per share, better than the Zacks Consensus Estimate of a loss of $0.12, and compared to a loss of $0.15 per share a year ago [5] - Revenues for the quarter ended September 2024 were $1.91 million, surpassing the Zacks Consensus Estimate by 11.49%, but down from $2.64 million year-over-year [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -$0.07 on revenues of $2.81 million, and -$0.28 on revenues of $10.01 million for the current fiscal year [8] - The estimate revisions trend for XCel Brands is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [12] Industry Context - The Retail - Apparel and Shoes industry is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [2] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [7][11]