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

Reuters11-09
Funko Inc reports results for the quarter ended September 30 - Earnings Summary
  • Funko Inc FNKO.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 4 cents to 5 cents per share.

  • Revenue fell 6.4% to $292.77 million from a year ago; analysts expected $289.60 million.

  • Funko Inc's reported EPS for the quarter was 8 cents​.

  • The company reported quarterly net income of $4.33 million.

  • Funko Inc shares had held steady so far this quarter and gained 58.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 43.3% 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," 1 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the toys & children's products peer group is also "hold"

Wall Street's median 12-month price target for Funko Inc is 13.00

This summary was machine generated from LSEG data November 8 at 09:51 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 1 0001

0.04

0.14

Beat

Jun. 30 2024

-0.14

Mar. 31 2024

-0.30

Dec. 31 2023

-0.04

0.01

Beat

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