JAKKS Pacific Inc reports results for the quarter ended in March - Earnings Summary
JAKKS Pacific Inc JAKK reported a quarterly adjusted loss of $1.09 per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of -40 cents. The lone analyst forecast for the quarter was for a loss of 85 cents per share.
Revenue fell 16.2% to $90.08 million from a year ago; analysts expected $81.70 million.
JAKKS Pacific Inc's reported EPS for the quarter was a loss of $1.27.
The company reported a quarterly loss of $13.18 million.
JAKKS Pacific Inc shares had fallen by 7.8% this quarter and lost 35.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 18.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the toys & children's products peer group is also "buy"
Wall Street's median 12-month price target for JAKKS Pacific Inc is $38.00
This summary was machine generated from LSEG data April 24 at 09:42 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2024 | -0.85 | -1.09 | Missed |
Dec. 31 2023 | -1.14 | -1.04 | Beat |
Sep. 30 2023 | 3.38 | 4.75 | Beat |
Jun. 30 2023 | 0.51 | 1.26 | Beat |