Stock Analysis

JAKKS Pacific Second Quarter 2024 Earnings: EPS: US$0.49 (vs US$0.62 in 2Q 2023)

NasdaqGS:JAKK
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JAKKS Pacific (NASDAQ:JAKK) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$148.6m (down 11% from 2Q 2023).
  • Net income: US$5.27m (down 13% from 2Q 2023).
  • Profit margin: 3.5% (in line with 2Q 2023).
  • EPS: US$0.49 (down from US$0.62 in 2Q 2023).
earnings-and-revenue-growth
NasdaqGS:JAKK Earnings and Revenue Growth August 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

JAKKS Pacific Earnings Insights

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Leisure industry in the US.

Performance of the American Leisure industry.

The company's shares are down 13% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for JAKKS Pacific that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NasdaqGS:JAKK

JAKKS Pacific

Designs, produces, markets, sells, and distributes toys and related products, consumer products, kids indoor and outdoor furniture, costumes, and sporting goods and home furnishings space products worldwide.

Flawless balance sheet with solid track record and pays a dividend.

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