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

aka Brands Holding

10/05/2023 22:01

* AKA Brands Holding Corp  AKA.N  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in March. The
mean expectation of eight analysts for the quarter was for a
loss of 5 cents per share.
    * Revenue fell 18.8% to $120.49 million from a year ago;
analysts
expected $117.28 million. 
    * AKA Brands Holding Corp's reported EPS for the quarter was
a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5,100% in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * AKA Brands Holding Corp shares had fallen by 33.9% this
quarter and lost 71.7% so far this year.
    * The company reported a quarterly loss of $9.55 million.
    * Wall Street's median 12-month price target for AKA Brands
Holding Corp is $2.00 
    * 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 May
10 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.01           -0.03          Missed