AKA Brands Holding Corp reports results for the quarter ended September 30 - Earnings Summary

aka Brands Holding

08/11/2024 21:06

* AKA Brands Holding Corp  AKA.N  reported a quarterly
adjusted
loss of 51 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -18 cents.  The mean expectation of five analysts for the
quarter was for a loss of 20 cents per share. Wall Street
expected results to range from -25 cents to -10 cents per share.
    * Revenue rose 6.4% to $149.90 million from a year ago;
analysts
expected $143.05 million. 
    * AKA Brands Holding Corp's reported EPS for the quarter was
a
loss of 51 cents​.
    * The company reported a quarterly loss of $5.44 million.
    * AKA Brands Holding Corp shares had risen by 7.5% this
quarter and gained 215.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "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 $28.00 
This summary was machine generated from LSEG data November 8 at
09:06 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
 Sep. 30 2024      -0.20          -0.51          Missed
 Jun. 30 2024      -0.32          -0.22          Beat
 Mar. 31 2024      -0.73          -0.85          Missed
 Dec. 31 2023      -0.47          -1.31          Missed