JAKKS Pacific (JAKK) to Release Earnings on Wednesday

JAKKS Pacific (NASDAQ:JAKK) will be issuing its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

JAKKS Pacific (NASDAQ:JAKK) last issued its earnings results on Thursday, February 29th. The company reported ($1.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.47). JAKKS Pacific had a net margin of 5.24% and a return on equity of 24.69%. The firm had revenue of $127.40 million during the quarter, compared to analysts’ expectations of $136.54 million. On average, analysts expect JAKKS Pacific to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

JAKKS Pacific Price Performance

JAKK opened at $22.43 on Tuesday. The company has a market capitalization of $242.24 million, a PE ratio of 6.58 and a beta of 2.34. The business has a 50-day moving average of $26.29 and a 200-day moving average of $27.87. JAKKS Pacific has a fifty-two week low of $15.30 and a fifty-two week high of $36.84.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. TheStreet downgraded shares of JAKKS Pacific from a “b” rating to a “c+” rating in a research report on Friday, March 1st. Ascendiant Capital Markets lowered their target price on shares of JAKKS Pacific from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, April 1st.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.