Benzinga | Aug 19, 2020 04:06PM EDT

Xcel Brands Q2 EPS $0.06 Beats $0.03 Estimate, Sales $5.10M Miss $8.68M Estimate

Xcel Brands (NASDAQ:XELB) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.03 by 100 percent. This is a 20 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $5.10 million which missed the analyst consensus estimate of $8.68 million by 41.24 percent. This is a 44.19 percent decrease over sales of $9.14 million the same period last year.