JAKKS Pacific (JAKK) Set to Announce Quarterly Earnings on Wednesday

JAKKS Pacific (NASDAQ:JAKK) is set to release its earnings data after the market closes on Wednesday, April 24th. Analysts expect JAKKS Pacific to post earnings of ($0.32) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Thursday, February 29th. The company reported ($1.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.47). JAKKS Pacific had a net margin of 5.24% and a return on equity of 24.69%. The company had revenue of $127.40 million during the quarter, compared to analysts’ expectations of $136.54 million. On average, analysts expect JAKKS Pacific to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

JAKKS Pacific Stock Down 0.2 %

NASDAQ JAKK opened at $22.43 on Tuesday. JAKKS Pacific has a 52 week low of $15.30 and a 52 week high of $36.84. The business’s fifty day simple moving average is $26.29 and its 200-day simple moving average is $27.87. The firm has a market cap of $242.24 million, a PE ratio of 6.58 and a beta of 2.34.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on JAKK. TheStreet downgraded JAKKS Pacific from a “b” rating to a “c+” rating in a research report on Friday, March 1st. Ascendiant Capital Markets cut their price target on shares of JAKKS Pacific from $41.00 to $38.00 and set a “buy” rating on the stock in a research note on Monday, April 1st.

About JAKKS Pacific

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.