Differential Brands Group Inc. (DFBG) Expected to Post Quarterly Sales of $43.56 Million

Equities research analysts predict that Differential Brands Group Inc. (NASDAQ:DFBG) will report sales of $43.56 million for the current quarter, according to Zacks. Two analysts have made estimates for Differential Brands Group’s earnings, with the highest sales estimate coming in at $44.16 million and the lowest estimate coming in at $42.96 million. Differential Brands Group reported sales of $41.16 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 5.8%. The firm is expected to announce its next earnings report on Monday, November 13th.

On average, analysts expect that Differential Brands Group will report full year sales of $43.56 million for the current year, with estimates ranging from $165.86 million to $166.81 million. For the next financial year, analysts expect that the business will post sales of $182.84 million per share, with estimates ranging from $182.52 million to $183.16 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Differential Brands Group.

A number of analysts recently issued reports on DFBG shares. FBR & Co started coverage on Differential Brands Group in a report on Friday, September 8th. They set a “buy” rating on the stock. Zacks Investment Research raised Differential Brands Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th.

Differential Brands Group (NASDAQ DFBG) traded down 6.90% on Monday, reaching $1.35. The company had a trading volume of 2,583 shares. The stock’s 50-day moving average price is $1.55 and its 200-day moving average price is $1.85. Differential Brands Group has a 12-month low of $1.30 and a 12-month high of $4.85. The stock’s market capitalization is $17.98 million.

COPYRIGHT VIOLATION WARNING: “Differential Brands Group Inc. (DFBG) Expected to Post Quarterly Sales of $43.56 Million” was reported by Stock Observer and is the property of of Stock Observer. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.thestockobserver.com/2017/10/12/differential-brands-group-inc-dfbg-expected-to-post-quarterly-sales-of-43-56-million.html.

About Differential Brands Group

Differential Brands Group Inc, formerly Joe’s Jeans Inc, is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company offers its products under various brands, such as Hudson, Robert Graham and SWIMS. Its segments are Wholesale and Retail.

Get a free copy of the Zacks research report on Differential Brands Group (DFBG)

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

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

Leave a Reply