Funko Inc expected to post a loss of 30 cents a share - Earnings Preview

Funko

08/05/2024 03:01

* Funko Inc  FNKO.OQ   FNKO.O  is expected to show a fall in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Everett Washington-based  company is expected to
report a
12.6% decrease in revenue to $220.267 million from $251.88
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on March 7
2024, for the period ended March 31, was for revenue between
$214.00 million and $227.00 million.
    * ​LSEG's mean analyst estimate for Funko Inc is for a loss
of 30
cents per share. The company's EPS guidance on March 7 2024, for
the period ended March 31, was between $-0.32 and $-0.24 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "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 Funko Inc
is
$9.00​, above​ its last closing price of $6.69. ​​​

The company's guidance on March 7 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 214 million and 5 million (USD).The
company's guidance on March 7 2024 for the period ended March 31
was for gross profit margin of USD37%.
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              -0.04      0.01      Beat    125
 Sep. 30 2023  -0.01       -0.05      0.03      Beat    157.3
 Jun. 30 2023  -0.50       -0.43      -0.43     Met     -0.4​
 Mar. 31 2023  -0.92       -0.92      -0.49     Beat    46.8
 ​​Dec.        -0.13       -0.12      -0.35     Missed  -196.6
 31 2022                                                
 Sep. 30 2022  0.51        0.50       0.28      Missed  -44​
 Jun. 30 2022  0.24        0.23       0.26      Beat    12.4
 Mar. 31 2022  0.24        0.22       0.34      Beat    53.8
 This summary was machine generated May 8 at 02:01 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)