JAKKS Pacific (Nasdaq: JAKK ) reported earnings on Oct. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), JAKKS Pacific missed slightly on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped.
Gross margins grew, operating margins dropped, net margins contracted.
JAKKS Pacific chalked up revenue of $314.5 million. The six analysts polled by S&P Capital IQ expected sales of $319.8 million on the same basis. GAAP reported sales were 5.4% lower than the prior-year quarter's $332.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.13. The five earnings estimates compiled by S&P Capital IQ forecast $1.11 per share. GAAP EPS of $1.05 for Q3 were 4.5% lower than the prior-year quarter's $1.10 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.9%, 110 basis points better than the prior-year quarter. Operating margin was 11.9%, 320 basis points worse than the prior-year quarter. Net margin was 9.7%, 80 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $144.2 million. On the bottom line, the average EPS estimate is -$0.10.
Next year's average estimate for revenue is $682.8 million. The average EPS estimate is $0.60.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 423 members out of 448 rating the stock outperform, and 25 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give JAKKS Pacific a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on JAKKS Pacific is hold, with an average price target of $19.75.
With hundreds of companies out there vying with JAKKS Pacific for shoppers' dollars, strong brands matter, and they can provide growth for even boring, mature companies -- as long as they're the right ones. That's why we've compiled a special report on "3 American Companies Set to Dominate the World." Click here for instant access to this free report.