Why Funko Stock Is Soaring Today
(NASDAQ: FNKO) stock is seeing big gains in Friday's trading. The collectible-figurine specialist's share price was up 18.4% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence.
Funko published third-quarter earnings results after the market closed yesterday, and its sales and earnings performance topped Wall Street's expectations. The company reported a non-GAAP (adjusted) profit of $0.03 per share on sales of $312.9 million, beating the average analyst earnings target by $0.08 per share and the average sales target by roughly $23.3 million.
While Funko's sales dropped roughly 14% year over year in Q3, its performance still managed to beat the market's expectations. Similarly, adjusted earnings per share dipped 89% compared to the same period last year but still managed to beat the average Wall Street target.
Source Fool.com
Funko Inc Aktie
Bei der Funko Inc Aktie halten sich Buy- und Sell-Einschätzungen im Gleichgewicht.
Ein Kursziel von 8 € für Funko Inc würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 5.59 € bedeuten.
