a.k.a. Brands (AKA) Scheduled to Post Earnings on Thursday

a.k.a. Brands (NYSE:AKA) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect a.k.a. Brands to post earnings of ($0.03) per share for the quarter. a.k.a. Brands has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

a.k.a. Brands (NYSE:AKA) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.22) EPS for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.08. a.k.a. Brands had a negative net margin of 17.19% and a negative return on equity of 18.76%. The firm had revenue of $148.93 million during the quarter, compared to the consensus estimate of $134.86 million. During the same quarter last year, the firm earned ($0.48) earnings per share. On average, analysts expect a.k.a. Brands to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

a.k.a. Brands Price Performance

Shares of AKA opened at $23.82 on Thursday. The firm has a market capitalization of $251.16 million, a PE ratio of -2.66 and a beta of 1.41. The stock’s 50 day moving average is $23.56 and its two-hundred day moving average is $19.25. a.k.a. Brands has a twelve month low of $6.00 and a twelve month high of $33.73. The company has a current ratio of 1.55, a quick ratio of 0.48 and a debt-to-equity ratio of 0.74.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Telsey Advisory Group dropped their price objective on a.k.a. Brands from $22.00 to $20.00 and set a “market perform” rating on the stock in a report on Thursday, August 8th. Truist Financial decreased their target price on shares of a.k.a. Brands from $22.00 to $20.00 and set a “hold” rating on the stock in a research report on Friday, August 9th.

About a.k.a. Brands

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.