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0 0 0.00566134843026263 0.00823468862583634 0.00772002058672167 -0.00488934637159027 -0.0113484302624806 -0.00772002058672149
Stock impact report

JAKKS Pacific (JAKK) Q1 Earnings Lag Estimates, Stock Down [Yahoo! Finance]

JAKKS Pacific, Inc. (JAKK) 
Last jakks pacific, inc. earnings: 2/19 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: jakks.com/investors
Company Research Source: Yahoo! Finance
JAKK reported first-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Both the top and bottom lines missed the consensus estimate for the second straight quarter. Following the announcement, shares of the company declined 10.2% during the after-hours trading session on Apr 24. Q1 Earnings and Revenues During the quarter, the company reported adjusted loss per share of $1.34, wider than the Zacks Consensus Estimate of a loss of 43 cents. In the prior-year quarter, JAKK reported adjusted loss of 62 cents. Quarterly revenues of $90.1 million missed the consensus mark of $104 million. Moreover, the top line declined 16% on a year-over-year basis. Net sales in the Toys/Consumer Products segment decreased 15.3% year over year to $82.9 million. Our estimate was $95.3 million. Costumes net sales declined 25.3% year over year to $7.2 million. Our projection was $8.8 million. JAKKS Pacific, Inc. Price, Consensus and EPS Surprise JAKKS Pacific Show less Read more
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