a.k.a. Brands Holding: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
a.k.a. Brands Holding (NYSE:AKA) reported its Q3 earnings, missing estimated earnings by 50.0% with an EPS of $-0.18 versus an estimate of $-0.12. However, revenue was up $140.83 trillion from the same period last year. Last quarter, the company also missed on EPS by $0.24, which was followed by a 31.64% drop in the share price the next day.
November 08, 2023 | 9:25 pm
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NEGATIVE IMPACT
a.k.a. Brands Holding's Q3 earnings missed estimates significantly, which could potentially lead to a drop in share price, similar to the 31.64% drop experienced last quarter after missing EPS estimates.
a.k.a. Brands Holding's significant miss on Q3 earnings estimates could negatively impact investor sentiment and lead to a drop in share price. This is based on the company's past performance, where a miss on EPS estimates last quarter led to a 31.64% drop in share price the next day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100