JAKKS Pacific (JAKK) reported quarterly earnings results on Wednesday, Jul-20-2016. The company said it had a profit of $-0.27 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $-0.31. The company posted revenue of $141.00 million in the period, compared to analysts expectations of $134.80 million. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.30 EPS.
JAKKS Pacific opened for trading at $8.46 and hit $8.82 on the upside on Monday, eventually ending the session at $8.77, with a gain of 2.93% or 0.25 points. The heightened volatility saw the trading volume jump to 6,59,440 shares. Company has a market cap of $180 M.
In a different news, on Mar 1, 2016, Stephen G Berman (CEO) purchased 5,000 shares at $6.94 per share price. According to the SEC, on Mar 1, 2016, Michael S Sitrick (director) purchased 35,000 shares at $6.75 per share price. On Feb 29, 2016, Rex H Poulsen (director) purchased 10,000 shares at $6.87 per share price, according to the Form-4 filing with the securities and exchange commission.
JAKKS Pacific Inc. (JAKKS) is a multi-line multi-brand toy company that designs produces markets and distributes toys and related products pet toys consumables and related products electronics and related products kids indoor and outdoor furniture and other consumer products. The Company operates through two business segments: traditional toys and electronics and role play novelty and seasonal toys. The traditional toys and electronics segment includes action figures vehicles playsets plush products dolls accessories electronic products construction toys infant and pre-school toys foot to floor ride-on vehicles wagons and pet products and related products. The role play novelty and seasonal toys segment includes role play and dress-up products novelty toys seasonal and outdoor products indoor and outdoor kids’ furniture and Halloween and everyday costume play.