Funko, Inc. (NASDAQ:FNKO) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.10 per share from $ 169.33 million in revenue.
For the full year, analysts predict revenues of $ 606.81 million, while looking forward to income of $ 0.02 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 840.00 million ~ $ 865.00 million, where as bottomline are predicted in a range of $ 0.85 ~ $ 1.00 per share
Click Here For More Historical Outlooks Of Funko, Inc.
Previous Quarter Performance
Funko, Inc. announced loss for the second quarter of $ 0.20 per share, from the revenue of $ 98.10 million. The quarterly revenues contracted 48.69 percent compared with the same quarter last year. Wall street analysts are predicting, FNKO to report 2Q20 loss of $ 0.41 per share from revenue of $ 76.71 million. The bottom line results beat street analysts by $ 0.21 or 51.22 percent, at the same time, top line results outshined analysts by $ 21.39 million or 27.88 percent.
Stock Performance
Shares of Funko, Inc. traded low $ -0.11 or -1.62 percent on Wednesday, reaching $ 6.68 with volume of 340.60 thousand shares. Funko, Inc. has traded high as $ 6.85 and has cracked $ 6.51 on the downward trend
The closing price of $ 6.68, representing a 117.63 % increase from the 52 week low of $ 3.12 and a 61.77 % decrease over the 52 week high of $ 17.76.
The company has a market capital of $ 330.82 million and is part of the Consumer Cyclical sector and Leisure industry.
Conference Call
Funko, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.funko.com
Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, China, Vietnam, and the United Kingdom. The company offers vinyl, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets. The company sells its products to specialty retailers, mass-market retailers, and e-commerce sites; distributors for sale to small retailers; and consumers through its e-commerce business, as well as at specialty licensing and comic book shows, conventions, and exhibitions.
