AKA Brands Holding Corp expected to post a loss of 47 cents a share - Earnings Preview

aka Brands Holding

06/03/2024 03:03

* AKA Brands Holding Corp  AKA.N   AKA  is expected to show
a rise
in quarterly revenue when it reports  results on March 8 for the
period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 3.4% increase in revenue to $154.142 million from
$149.13 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for AKA Brands Holding Corp
is for
a loss of 47 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $8.00​, below​ its last closing price of $12.50.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.13       -0.12      -0.18     Missed  -45.9
 Jun. 30 2023  -0.18       -0.22      -0.48     Missed  -113.3
 Mar. 31 2023  -0.68       -0.55      -0.84     Missed  -51.4​
 Dec. 31 2022  0.17        0.16       -16.20    Missed  -10,38
                                                        1.8
 ​​Sep.        0.10        0.14       -0.01     Missed  -108.4
 30 2022                                                
 Jun. 30 2022  -0.16       0.08       -0.36     Missed  -549.8
                                                        ​
 Mar. 31 2022  0.17        0.15       0.24      Beat    58.4
 Dec. 31 2021  0.41        0.34       0.36      Beat    5
 This summary was machine generated March 6 at 03:02 GMT.  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)