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Thursday, October 20, 2016

JAKKS Pacific (JAKK) reported earnings Tur 20 Oct 2016 (b/o)

** charts after earnings **




SANTA MONICA, Calif. (AP) _ Jakks Pacific Inc. (JAKK) on Thursday reported third-quarter net income of $30.6 million.

The Santa Monica, California-based company said it had profit of 82 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The toymaker posted revenue of $302.8 million in the period.

Jakks shares have increased slightly more than 2 percent since the beginning of the year. The stock has fallen nearly 5 percent in the last 12 months.

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