a.k.a. Brands (AKA) to Release Quarterly Earnings on Wednesday

a.k.a. Brands (NYSE:AKA) is set to announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to post earnings of ($0.18) per share for the quarter. a.k.a. Brands has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

a.k.a. Brands (NYSE:AKA) last released its earnings results on Wednesday, May 8th. The company reported ($0.85) EPS for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.28). The firm had revenue of $116.84 million during the quarter, compared to analysts’ expectations of $109.39 million. a.k.a. Brands had a negative net margin of 18.11% and a negative return on equity of 17.80%. On average, analysts expect a.k.a. Brands to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

a.k.a. Brands Price Performance

Shares of AKA stock opened at $16.66 on Wednesday. The business’s fifty day moving average is $15.60 and its 200 day moving average is $13.63. The stock has a market cap of $174.68 million, a price-to-earnings ratio of -1.81 and a beta of 1.36. The company has a quick ratio of 0.51, a current ratio of 1.62 and a debt-to-equity ratio of 0.73. a.k.a. Brands has a twelve month low of $3.81 and a twelve month high of $33.73.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group raised their price target on shares of a.k.a. Brands from $11.00 to $22.00 and gave the company a “market perform” rating in a research report on Thursday, May 9th.

a.k.a. Brands Company Profile

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.