AKA Brands Holding Corp reports results for the quarter ended December 31 - Earnings Summary

• AKA Brands Holding Corp AKA.N reported a quarterly adjusted loss of 88 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.31. The mean expectation of five analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -29 cents to -19 cents per share.

• Revenue rose 6.8% to $159.02 million from a year ago; analysts expected $158.98 million.

• AKA Brands Holding Corp's reported EPS for the quarter was a loss of 88 cents​.

• The company reported a quarterly loss of $9.36 million.

• AKA Brands Holding Corp shares had fallen by 22.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.5% 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," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for AKA Brands Holding Corp is $26.00

This summary was machine generated from LSEG data March 6 at 10:01 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)