Funko Inc reports results for the quarter ended in December - Earnings Summary

Funko

08/03/2024 24:22

* Funko Inc  FNKO.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -35
cents.  The mean expectation of four analysts for the quarter
was for a loss of 4 cents per share. Wall Street expected
results to range from -6 cents to -2 cents per share.
    * Revenue fell 12.6% to $291.24 million from a year ago;
analysts
expected $281.96 million. 
    * Funko Inc's reported EPS for the quarter was a loss of 21
cents​.
    * The company reported a quarterly loss of $10.76 million.
    * Funko Inc shares had fallen by 17.1% this quarter.

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 1 "sell" or "strong sell." 
    * The average consensus recommendation for the toys &
children's
products peer group is also "hold"

Wall Street's median 12-month price target for Funko Inc is
$8.00 
This summary was machine generated from LSEG data March 8 at
12:22 a.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
 Dec. 31 2023      -0.04          0.01           Beat
 Sep. 30 2023      -0.05          0.03           Beat
 Jun. 30 2023      -0.43          -0.43          Met
 Mar. 31 2023      -0.92          -0.49          Beat