Jakks Pacific Inc Reports Results For The Quarter Ended In December: Earnings Summary

JAKKS Pacific

29/02/2024 22:01

* JAKKS Pacific Inc  JAKK.OQ  reported a quarterly adjusted
loss
of $1.04​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $-1.44.  The mean expectation of two analysts for the quarter
was for a loss of 85 cents per share. Wall Street expected
results to range from -85 cents to -85 cents per share.
    * Revenue fell 3.4% to $127.40 million from a year ago;
analysts
expected $128.72 million. 
    * JAKKS Pacific Inc's reported EPS for the quarter was a
loss of
$1.12​.
    * The company reported a quarterly loss of $11.25 million.
    * JAKKS Pacific Inc shares had fallen by 0.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 173.5% 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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the toys &
children's
products peer group is  "buy."

Wall Street's median 12-month price target for JAKKS Pacific Inc
is $44.00 
This summary was machine generated from LSEG data February 29 at
10:00 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
 Dec. 31 2023      -0.85          -1.04          Missed
 Sep. 30 2023      3.43           4.75           Beat
 Jun. 30 2023      0.51           1.26           Beat
 Mar. 31 2023      -0.94          -0.40          Beat