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

• Funko Inc FNKO.OQ reported a quarterly adjusted loss of 48 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of three analysts for the quarter was for a loss of 39 cents per share. Wall Street expected results to range from -45 cents to -32 cents per share.

• Revenue fell 21.9% to $193.47 million from a year ago; analysts expected $188.35 million.

• Funko Inc's reported EPS for the quarter was a loss of 74 cents​.

• The company reported a quarterly loss of $40.49 million.

• Funko Inc shares had fallen by 23.1% this quarter and lost 72.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 426.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "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 Funko Inc is $7.00, about 47.7% above its last closing price of $3.66

This summary was machine generated from LSEG data August 8 at 05:27 a.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)