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

JAKKS Pacific

24/04/2024 22:42

* JAKKS Pacific Inc  JAKK.OQ  reported a quarterly adjusted
loss
of $1.09​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of -40
cents.  The lone analyst forecast for the quarter was for a loss
of 85 cents per share. 
    * Revenue fell 16.2% to $90.08 million from a year ago;
analysts
expected $81.70 million. 
    * JAKKS Pacific Inc's reported EPS for the quarter was a
loss of
$1.27​.
    * The company reported a quarterly loss of $13.18 million.
    * JAKKS Pacific Inc shares had fallen by 7.8% this
quarter and
lost 35.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 also "buy"

Wall Street's median 12-month price target for JAKKS Pacific Inc
is $38.00 
This summary was machine generated from LSEG data April 24 at
09:42 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
 Mar. 31 2024      -0.85          -1.09          Missed
 Dec. 31 2023      -1.14          -1.04          Beat
 Sep. 30 2023      3.38           4.75           Beat
 Jun. 30 2023      0.51           1.26           Beat