Funko Inc reports results for the quarter ended September 30 - Earnings Summary

Funko

08/11/2024 21:51

* Funko Inc  FNKO.OQ  reported quarterly adjusted earnings
of 14
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 3 cents.  The mean expectation of four analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from 4 cents to 5 cents per share.
    * Revenue fell 6.4% to $292.77 million from a year ago;
analysts
expected $289.60 million. 
    * Funko Inc's reported EPS for the quarter was 8 cents​.
    * The company reported quarterly net income of $4.33
million.
    * Funko Inc shares had held steady so far this quarter and
gained 58.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 43.3%
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
13.00 
This summary was machine generated from LSEG data November 8 at
09:51 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
 Jan. 1 0001       0.04           0.14           Beat
 Jun. 30 2024      -0.14                         
 Mar. 31 2024      -0.30                         
 Dec. 31 2023      -0.04          0.01           Beat