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

a.k.a. Brands (NYSE:AKA) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

a.k.a. Brands (NYSE:AKA) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.08. a.k.a. Brands had a negative return on equity of 18.76% and a negative net margin of 17.19%. The business had revenue of $148.93 million for the quarter, compared to the consensus estimate of $134.86 million. During the same period last year, the business posted ($0.48) EPS. 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 Trading Down 0.8 %

Shares of NYSE:AKA opened at $23.60 on Wednesday. a.k.a. Brands has a 12-month low of $6.10 and a 12-month high of $33.73. The business’s fifty day simple moving average is $23.58 and its 200-day simple moving average is $19.66. The company has a market capitalization of $248.98 million, a PE ratio of -2.63 and a beta of 1.41. 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 brokerages have recently issued reports on AKA. Truist Financial cut their price target on a.k.a. Brands from $22.00 to $20.00 and set a “hold” rating on the stock in a report on Friday, August 9th. Telsey Advisory Group lifted their price target on a.k.a. Brands from $20.00 to $25.00 and gave the company a “market perform” rating in a report on Friday, November 1st.

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.