AKA Brands Holding Corp reports results for the quarter ended in June - Earnings Summary

aka Brands Holding

09/08/2023 23:06

* AKA Brands Holding Corp  AKA.N  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was for a
loss of 2 cents per share.
    * Revenue fell 14.2% to $136.03 million from a year ago;
analysts
expected $138.39 million. 
    * AKA Brands Holding Corp's reported EPS for the quarter was
a
loss of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AKA Brands Holding Corp shares had risen by 30.3% this
quarter and lost 55.9% so far this year.
    * The company reported a quarterly loss of $5.04 million.
    * Wall Street's median 12-month price target for AKA Brands
Holding Corp is $1.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.04          Missed
 Mar. 31 2023      -0.05          -0.07          Missed
 Dec. 31 2022      0.01           -1.35          Missed
 Sep. 30 2022      0.01           0.00           Missed