Funko Shares Down 18% After Cautious Full-Year Outlook [MarketWatch]
Funko, Inc. - Class A (FNKO)
Last funko, inc. - class a earnings: 3/5 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.funko.com/investor-relations
Company Research
Source: MarketWatch
guidance but warned that the rest of the year could be challenged by macro headwinds including faltering consumer sentiment. Funko said it now expects net sales for the year between $1.3 billion and $1.35 billion, up from its outlook issued in May for $1.275 billion to $1.325 billion. It said it is also looking for adjusted income of $101.8 million to $107.3 million, up from its earlier estimate of $98.6 million to $103.8 million. Chief Executive Andrew Perlmutter said during an earnings call that the company is trying to be cautious given current pressures on consumer spending. Funko's sales were up 34% for the second quarter, driven by strong demand across the brand portfolio. D.A. Davidson analyst Linda Bolton Weiser said in a research report that the firm was lowering its earnings estimates for Funko due to a higher share count and interest expense. Its price target was cut to $48 from $50 a share. Funko shares are 16% higher for the year. Write to Kathryn Hardison at
Show less
Read more
Impact Snapshot
Event Time:
FNKO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FNKO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FNKO alerts
High impacting Funko, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
FNKO
News
- Leisure Products Stocks Q4 Earnings: Smith & Wesson (NASDAQ:SWBI) Best of the Bunch [Yahoo! Finance]Yahoo! Finance
- Is Funko, Inc. (NASDAQ:FNKO) Trading At A 50% Discount? [Yahoo! Finance]Yahoo! Finance
- Why Is Funko (FNKO) Stock Soaring Today [Yahoo! Finance]Yahoo! Finance
- Funko, Inc. (NASDAQ:FNKO) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Funko Inc (FNKO) Navigates Challenging Year with Strategic Cost Reductions and Operational ... [Yahoo! Finance]Yahoo! Finance
FNKO
Earnings
- 3/7/24 - Beat
FNKO
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 3
- 3/15/24 - Form 4
- FNKO's page on the SEC website