AKA Brands Holding Corp expected to post a loss of 73 cents a share - Earnings Preview

aka Brands Holding

07/05/2024 03:08

* AKA Brands Holding Corp  AKA.N   AKA  is expected to show
a fall
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 8.7% decrease in revenue to $109.991 million from
$120.49 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 73 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 $10.50​, below​ its last closing price
of $20.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.47       -0.47      -1.31     Missed  -177.2
 Jan. 1 2023   -0.13       -0.12      -0.18     Missed  -45.9
 Jun. 30 2023  -0.18       -0.55      -0.48     Beat    -113.3
                                                        ​
 Mar. 31 2023  -0.68       -0.55      -0.84     Missed  -51.4
 ​​Dec.        0.17        0.16       -16.20    Missed  -10,38
 31 2022                                                1.8
 Sep. 30 2022  0.10        0.14       -0.01     Missed  -108.4
                                                        ​
 Jun. 30 2022  -0.16       0.08       -0.36     Missed  -549.8
 Mar. 31 2022  0.17        0.15       0.24      Beat    58.4
 This summary was machine generated May 7 at 02:08 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)