a.k.a. Brands (AKA) Scheduled to Post Quarterly Earnings on Wednesday

a.k.a. Brands (NYSE:AKA) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.57) per share for the quarter. a.k.a. Brands has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

a.k.a. Brands (NYSE:AKA) last released its quarterly earnings data on Thursday, March 7th. The company reported ($1.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.85). a.k.a. Brands had a negative net margin of 18.10% and a negative return on equity of 15.31%. The firm had revenue of $148.91 million during the quarter, compared to the consensus estimate of $154.41 million. On average, analysts expect a.k.a. Brands to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

a.k.a. Brands Price Performance

NYSE AKA opened at $13.80 on Wednesday. The company’s 50 day simple moving average is $11.00 and its two-hundred day simple moving average is $9.60. The company has a current ratio of 1.58, a quick ratio of 0.52 and a debt-to-equity ratio of 0.61. a.k.a. Brands has a 1 year low of $3.60 and a 1 year high of $14.51.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AKA. Truist Financial reaffirmed a “hold” rating and issued a $10.00 price target (down previously from $12.00) on shares of a.k.a. Brands in a report on Friday, March 8th. Telsey Advisory Group restated a “market perform” rating and set a $11.00 price target (up previously from $8.00) on shares of a.k.a. Brands in a research report on Monday, March 4th.

About a.k.a. Brands

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.