Funko Sees Q3 EPS $(0.10)-$(0.03) Vs $0.3 Est.; Revenue $280M-$310M Vs $338.45M Est.
Portfolio Pulse from Happy Mohamed
Funko Inc. (FNKO) expects Q3 earnings per share (EPS) to be between $(0.10) and $(0.03), lower than the estimated $0.3. The company also forecasts revenue to be between $280M and $310M, which is less than the estimated $338.45M.
August 04, 2023 | 2:49 pm
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NEGATIVE IMPACT
Funko's lower than expected Q3 EPS and revenue forecast may negatively impact its stock price in the short term.
Funko's forecast of lower than expected Q3 EPS and revenue indicates potential financial underperformance, which could lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100