Brokerages forecast that XO Group, Inc. (NYSE:XOXO) will announce earnings of $0.11 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for XO Group’s earnings. The highest EPS estimate is $0.12 and the lowest is $0.10. XO Group reported earnings per share of $0.07 during the same quarter last year, which would suggest a positive year-over-year growth rate of 57.1%. The company is expected to issue its next quarterly earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that XO Group will report full-year earnings of $0.34 per share for the current year, with EPS estimates ranging from $0.32 to $0.36. For the next year, analysts anticipate that the business will report earnings of $0.67 per share, with EPS estimates ranging from $0.52 to $0.95. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover XO Group.

XO Group (NYSE:XOXO) last issued its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.11. The business had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.51 million. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 earnings per share.

Several equities analysts have recently weighed in on the company. BidaskClub raised XO Group from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. B. Riley reaffirmed a “neutral” rating and issued a $16.75 price objective on shares of XO Group in a research note on Sunday, August 6th. Roth Capital set a $21.00 price objective on XO Group and gave the company a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research lowered XO Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $20.15.

ILLEGAL ACTIVITY WARNING: “Zacks: Brokerages Expect XO Group, Inc. (XOXO) Will Post Earnings of $0.11 Per Share” was first published by Watch List News and is the property of of Watch List News. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/zacks-brokerages-expect-xo-group-inc-xoxo-will-post-earnings-of-0-11-per-share/1609424.html.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XOXO. Mason Street Advisors LLC lifted its position in XO Group by 6.4% during the 1st quarter. Mason Street Advisors LLC now owns 5,782 shares of the specialty retailer’s stock worth $100,000 after acquiring an additional 347 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in XO Group by 88.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,943 shares of the specialty retailer’s stock worth $158,000 after acquiring an additional 4,209 shares in the last quarter. First Quadrant L P CA acquired a new position in XO Group during the 2nd quarter worth approximately $178,000. Trexquant Investment LP acquired a new position in XO Group during the 1st quarter worth approximately $181,000. Finally, Arizona State Retirement System lifted its position in XO Group by 0.8% during the 1st quarter. Arizona State Retirement System now owns 12,895 shares of the specialty retailer’s stock worth $222,000 after acquiring an additional 100 shares in the last quarter. 83.62% of the stock is currently owned by institutional investors and hedge funds.

Shares of XO Group (XOXO) opened at 20.80 on Thursday. The stock’s 50 day moving average is $18.87 and its 200 day moving average is $17.80. The firm has a market cap of $519.13 million, a PE ratio of 74.29 and a beta of 0.96. XO Group has a 12 month low of $14.99 and a 12 month high of $20.99.

XO Group Company Profile

XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).

Get a free copy of the Zacks research report on XO Group (XOXO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for XO Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.