XpresSpa Group (XSPA) Posts Quarterly Earnings Results, Misses Estimates By $1.51 EPS

XpresSpa Group (XSPA) Posts Quarterly  Earnings Results, Misses Estimates By $1.51 EPS

XpresSpa Group (NASDAQ:XSPA) released its quarterly earnings results on Wednesday. The company reported ($1.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($1.51), Morningstar.com reports. XpresSpa Group had a negative return on equity of 95.23% and a negative net margin of 74.28%. The firm had revenue of $12.23 million for the quarter.

XSPA stock traded up $0.10 during trading on Thursday, hitting $2.65. The stock had a trading volume of 10,638 shares, compared to its average volume of 71,590. XpresSpa Group has a 1-year low of $2.10 and a 1-year high of $12.00.

Separately, ValuEngine downgraded shares of XpresSpa Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st.

About XpresSpa Group

XpresSpa Group, Inc operates as a health and wellness services company in the United States and internationally. It operates through two segments, Wellness and Intellectual Property. The Wellness segment offers airport retailer spa services; massage services for the neck, back, feet, and whole body; nail care, such as pedicures, manicures, and polish changes; travel products, including neck pillows, blankets, and massage tools; and cryotherapy, compression, and personal care services, as well as retail products.

See Also: Index Funds

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