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

Equities research analysts expect that Differential Brands Group Inc. (NASDAQ:DFBG) will post sales of $43.56 million for the current quarter, Zacks reports. Two analysts have provided 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 report its next quarterly 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 fiscal year, analysts expect that the company will report sales of $182.84 million per share, with estimates ranging from $182.52 million to $183.16 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Differential Brands Group.

Several equities analysts have commented on DFBG shares. Zacks Investment Research raised shares of Differential Brands Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 17th. FBR & Co started coverage on shares of Differential Brands Group in a research report on Friday, September 8th. They set a “buy” rating on the stock.

Differential Brands Group (NASDAQ:DFBG) traded down 4.35% during mid-day trading on Friday, reaching $1.10. The company’s stock had a trading volume of 60,200 shares. The company’s market cap is $14.65 million. Differential Brands Group has a 52-week low of $0.90 and a 52-week high of $4.45. The firm has a 50 day moving average price of $1.39 and a 200 day moving average price of $1.78.

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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.

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