Destination XL Group (Nasdaq: DXLG) reported earnings on May 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 4 (Q1), Destination XL Group missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly. Non-GAAP earnings per share was unchanged. GAAP earnings per share contracted significantly.

Margins dropped across the board.

Revenue details
Destination XL Group booked revenue of $93.6 million. The two analysts polled by S&P Capital IQ looked for sales of $99.2 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.05. The two earnings estimates compiled by S&P Capital IQ averaged $0.01 per share. Non-GAAP EPS of $0.05 were the same as the prior-year quarter. GAAP EPS of $0.02 for Q1 were 60% lower than the prior-year quarter's $0.05 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 47.5%, 20 basis points worse than the prior-year quarter. Operating margin was 2.1%, 200 basis points worse than the prior-year quarter. Net margin was 1.1%, 130 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $103.7 million. On the bottom line, the average EPS estimate is $0.02.

Next year's average estimate for revenue is $418.1 million. The average EPS estimate is $0.01.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 73 members out of 102 rating the stock outperform, and 29 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Destination XL Group a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Destination XL Group is buy, with an average price target of $8.00.

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