JAKKS Pacific, Inc. (NASDAQ:JAKK) is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 3.09 per share from revenue of $ 230.10 million.
Looking ahead, the full year loss are expected at $ 7.93 per share on the revenues of $ 505.67 million.
Previous Quarter Performance
JAKKS Pacific, Inc. revealed loss for the second quarter of $ 4.38 per share, from the revenue of $ 78.76 million. The quarterly revenues declined 17.25 percent compared with the same quarter last year. According to street consensus, JAKK was expected to report 2Q20 loss of $ 4.06 per share from revenue of $ 79.50 million. The bottom line results missed street analysts by $ 0.32 or 7.88 percent, at the same time, top line results fell short of analysts by $ 0.74 million or 0.93 percent.
Stock Performance
On Friday, shares of JAKKS Pacific, Inc. has traded high as $ 4.72 and has cracked $ 4.41 on the downward trend, reaching $ 4.56 with volume of 270.90 thousand shares.
According to the previous trading day, closing price of $ 4.56, representing a 53.33 % increase from the 52 week low of $ 3.00 and a 68.06 % decrease over the 52 week high of $ 14.40.
The company has a market capital of $ 19.35 million and is part of the Consumer Cyclical sector and Leisure industry.
Conference Call
JAKKS Pacific, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.jakks.com
JAKKS Pacific, Inc. develops, produces, and markets consumer products worldwide. The company operates through three segments: U.S.
