ReutersReuters

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

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