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

• Playboy Inc PLBY.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -2 cents per share.

• Revenue rose 13.1% to $28.15 million from a year ago; analysts expected $26.76 million.

• Playboy Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $7.68 million.

• Playboy Inc shares had risen by 0.6% this quarter and gained 11.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 20% 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," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

• Wall Street's median 12-month price target for Playboy Inc is $3.00, about 45.7% above its last closing price of $1.63

This summary was machine generated from LSEG data August 12 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)