a.k.a. Brands Holding's Earnings Outlook
Portfolio Pulse from Benzinga Insights
a.k.a. Brands Holding (NYSE:AKA) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $-0.47. The company's past earnings performance shows a trend of missing EPS estimates, leading to significant share price drops the following day. Shares are currently trading at $12.5, down 28.66% over the last year. Investors are looking for not just an earnings beat but also positive guidance for the next quarter.
March 06, 2024 | 6:00 pm
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NEGATIVE IMPACT
a.k.a. Brands Holding is expected to report an EPS of $-0.47 for the upcoming quarter. Historical performance shows a trend of missing EPS estimates, resulting in significant share price volatility. Currently, shares are down 28.66% over the last year.
Given a.k.a. Brands Holding's history of missing EPS estimates and the subsequent negative impact on its share price, it's likely that the upcoming earnings report could lead to further volatility, especially if the company fails to meet or exceed the expected EPS. The anticipation of guidance for the next quarter also plays a crucial role in investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100