Funko Q2 Adj EPS $(0.43) Misses $(0.38) Estimate, Sales $240.03M Miss $253.15M Estimate
Portfolio Pulse from mahesh@benzinga.com
Funko reported Q2 losses of $(0.43) per share, missing the analyst consensus estimate of $(0.38) by 13.16%. This is a 265.38% decrease over earnings of $0.26 per share from the same period last year. The company also reported quarterly sales of $240.03 million, missing the analyst consensus estimate of $253.15 million by 5.18%. This is a 23.97% decrease over sales of $315.72 million the same period last year.
August 04, 2023 | 2:42 pm
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Funko's Q2 earnings and sales missed analyst estimates, with a significant decrease compared to the same period last year.
Funko's Q2 results missed analyst estimates in both earnings per share and sales. The company reported a loss of $(0.43) per share, which is a 265.38% decrease from the same period last year. Additionally, sales were reported at $240.03 million, a 23.97% decrease from the same period last year. These results are likely to negatively impact the company's stock price in the short term.
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