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

a.k.a. Brands (NYSE:AKA) is set to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.57) per share for the quarter. a.k.a. Brands has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

a.k.a. Brands (NYSE:AKA) last issued its quarterly earnings data on Thursday, March 7th. The company reported ($1.31) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.85). a.k.a. Brands had a negative return on equity of 15.31% and a negative net margin of 18.10%. The business had revenue of $148.91 million during the quarter, compared to analyst estimates of $154.41 million. 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 a.k.a. Brands stock opened at $21.27 on Monday. a.k.a. Brands has a twelve month low of $3.60 and a twelve month high of $24.75. The company has a quick ratio of 0.52, a current ratio of 1.58 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of $11.55 and a two-hundred day simple moving average of $9.88. The stock has a market capitalization of $222.91 million, a price-to-earnings ratio of -2.31 and a beta of 1.34.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Truist Financial reiterated a “hold” rating and issued a $10.00 price objective (down previously from $12.00) on shares of a.k.a. Brands in a research note on Friday, March 8th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $11.00 price target (up from $8.00) on shares of a.k.a. Brands in a report on Monday, March 4th.

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.