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JAKKS Pacific (JAKK) to Report Q1 Earnings: What's in Store?

·3 min read

JAKKS Pacific, Inc. JAKK is scheduled to report first-quarter 2022 results on Apr 28, after market close. In the last reported quarter, the company delivered an earnings surprise of 115.7%.

How Are Estimates Placed?

The Zacks Consensus Estimate for first-quarter bottom line is pegged at a loss of 96 cents per share, indicating an improvement of 45.8% from a loss of $1.77 reported in the year-ago quarter.

For revenues, the consensus mark is pegged at $90.6 million. The projection suggests an increase of 8.1% from the year-ago quarter’s reported figure.

JAKKS Pacific, Inc. Price and EPS Surprise

JAKKS Pacific, Inc. Price and EPS Surprise
JAKKS Pacific, Inc. Price and EPS Surprise

JAKKS Pacific, Inc. price-eps-surprise | JAKKS Pacific, Inc. Quote

Let’s analyze the factors that are likely to make an impact this earnings season.

Factors to Note

JAKKS Pacific’s first-quarter performance is likely to have benefited from Disney Princess business, appropriate portfolio additions, solid international footprint and licensing agreements. Emphasis on theatrical release of movies (such as Sonic the Hedgehog 2) coupled with its associated product launch as well as Trampoline business and ReDo Skateboard lines are likely to have driven the company’s performance in the first quarter. This along with focus on online retailing coupled with modifications in its sales and logistics capabilities is likely to have driven the company’s top line in the to-be-reported quarter.

However, supply chain delays, port congestion and a shortage of trucking resources are likely to have dented the first-quarter performance. This along with product development expenses and a rise in ocean freight costs is likely to have hurt margins in the to-be-reported quarter.

What the Zacks Model Unveils

Our proven model does not predict an earnings beat for JAKKS Pacific this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here.

Earnings ESP: JAKKS Pacific has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: The company has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks Poised to Beat Earnings Estimates

Here are some stocks from the Zacks Consumer Discretionary space that investors may consider as our model shows that these have the right combination of elements to post an earnings beat.

OneWater Marine Inc. ONEW has an Earnings ESP of +0.12% and a Zacks Rank #2.

Shares of OneWater have declined 35.3% in the past year. ONEW’s earnings surpassed the consensus mark in all of the trailing four quarters, the average surprise being 59%.

Penn National Gaming, Inc. PENN has an Earnings ESP of +9.50% and a Zacks Rank #3.

Shares of Penn National have declined 9.5% in the past three months. PENN’s earnings surpassed the consensus mark twice in the trailing four quarters and missed twice, the average surprise being 6.9%.

Hilton Worldwide Holdings Inc. HLT has an Earnings ESP of +5.62% and a Zacks Rank #3.

Shares of Hilton have gained 19.9% in the past year. HLT’s earnings surpassed the consensus mark twice in the trailing four quarters and missed twice, the average surprise being 0.9%.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

JAKKS Pacific, Inc. (JAKK) : Free Stock Analysis Report

Penn National Gaming, Inc. (PENN) : Free Stock Analysis Report

Hilton Worldwide Holdings Inc. (HLT) : Free Stock Analysis Report

OneWater Marine Inc. (ONEW) : Free Stock Analysis Report

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