JAKKS Pacific Inc reports results for the quarter ended June 30 - Earnings Summary

• JAKKS Pacific Inc JAKK.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of two analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -70 cents to 35 cents per share.

• Revenue fell 19.9% to $119.09 million from a year ago; analysts expected $124.10 million.

• JAKKS Pacific Inc's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $2.32 million.

• JAKKS Pacific Inc shares had held steady so far this quarter and lost 26.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 122.7% 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 "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 also "buy"

• Wall Street's median 12-month price target for JAKKS Pacific Inc is $36.50, about 43.1% above its last closing price of $20.78

This summary was machine generated from LSEG data July 24 at 09:01 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)