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

Funko

09/08/2024 02:57

* Funko Inc  FNKO.OQ  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of -43
cents.  The mean expectation of four analysts for the quarter
was for a loss of 14 cents per share. Wall Street expected
results to range from -15 cents to -13 cents per share.
    * Revenue rose 3.2% to $247.66 million from a year ago;
analysts
expected $231.04 million. 
    * Funko Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $5.12
million.
    * Funko Inc shares had fallen by 11.8% this quarter and
gained 11.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.8%
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," 1
"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
$10.50 
This summary was machine generated from LSEG data August 9 at
01:57 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
 Jun. 30 2024      -0.14          0.10           Beat
 Mar. 31 2024      -0.30          -0.17          Beat
 Dec. 31 2023      -0.04          0.01           Beat
 Sep. 30 2023      -0.05          0.03           Beat