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

JAKKS Pacific

02/11/2023 19:53

* JAKKS Pacific Inc  JAKK.OQ  reported quarterly adjusted
earnings
of $4.75​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of $3.80.  The mean expectation of two analysts for the quarter
was for earnings of $3.43 per share. Wall Street expected
results to range from $3.43  to $3.43 per share.
    * Revenue fell 4.1% to $309.74 million from a year ago;
analysts
expected $283.34 million. 
    * JAKKS Pacific Inc's reported EPS for the quarter was
$4.53​.
    * The company reported quarterly net income of $47.75
million.
    * JAKKS Pacific Inc shares had fallen by 8.2% this
quarter and
lost 2.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.9%
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 $28.00 
This summary was machine generated from LSEG data November 2 at
07:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      -1.37          -1.44          Missed