AKA Brands Holding Corp expected to post a loss of 2 cents a share - Earnings Preview

aka Brands Holding

07/08/2023 12:25

* AKA Brands Holding Corp  AKA.N   AKA  is expected to show
a fall
in quarterly revenue when it reports  results on August 9. 
    * The San Francisco California-based  company is expected to
report  a 12.7% decrease in revenue to $138.392 million from
$158.47 million a year ago, according to the mean estimate from
8 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AKA Brands Holding
Corp
is for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AKA Brands
Holding Corp is $1.5​, above​ its last closing price of $0.54.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.06       -0.05      -0.07     Missed  -40
 Dec. 31 2023  0.01        0.01       -1.35     Missed  -10,38
                                                        1.8
 Sep. 30 2022  0.01        0.01       0.00      Missed  -108.4
                                                        ​
 Jun. 30 2022  -0.01       0.01       -0.03     Missed  -549.8
 ​​Mar.        0.01        0.01       0.02      Beat    58.4
 31 2022                                                
 Dec. 31 2021  0.03        0.03       0.03      Met     5​
 Sep. 30 2021  -0.10       -0.10      0.04      Beat    140.4
 This summary was machine generated August 7 at 11:25 GMT.  All
figures in US dollars  unless otherwise stated