* AKA Brands Holding Corp reported a quarterly adjusted loss of 51 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of five analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -25 cents to -10 cents per share.
* Revenue rose 6.4% to $149.90 million from a year ago; analysts expected $143.05 million.
* AKA Brands Holding Corp's reported EPS for the quarter was a loss of 51 cents.
* The company reported a quarterly loss of $5.44 million.
* AKA Brands Holding Corp shares had risen by 7.5% this quarter and gained 215.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the apparel & accessories retailers peer group is also "hold"
Wall Street's median 12-month price target for AKA Brands Holding Corp is $28.00 This summary was machine generated from LSEG data November 8 at 09:06 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
Sep. 30 2024 -0.20 -0.51 Missed
Jun. 30 2024 -0.32 -0.22 Beat
Mar. 31 2024 -0.73 -0.85 Missed
Dec. 31 2023 -0.47 -1.31 Missed
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