AKA Brands Holding Corp reports results for the quarter ended March 31 - Earnings Summary

aka Brands Holding

13/05/2025 22:02

AKA Brands Holding Corp AKA.N reported a quarterly adjusted loss of 71 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -85 cents.  The mean expectation of five analysts for the quarter was for a loss of 82 cents per share. Wall Street expected results to range from -100 cents to -45 cents per share.

Revenue rose 10.1% to $128.66 million from a year ago; analysts expected $122.37 million.

AKA Brands Holding Corp's reported EPS for the quarter was a loss of 78 cents​.

The company reported a quarterly loss of $8.35 million.

AKA Brands Holding Corp shares had fallen by 35.5% this quarter and lost 53.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 534.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for AKA Brands Holding Corp is $23.50

This summary was machine generated from LSEG data May 13 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.82
-0.71
Beat
Dec. 31 2024
-0.25
-0.88
Missed
Sep. 30 2024
-0.20
-0.51
Missed
Jun. 30 2024
-0.32
-0.22
Beat