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Non-Tech : JAKKS Pacific (JAKK) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (347)4/23/2001 7:02:43 PM
From: Jack Be Quick  Read Replies (1) | Respond to of 371
 
Appears to be a very positive earnings report w/ good press play and nice market reaction today, congrats to the faithful:

Market Report -- Short Stories (JAKK, EPS, CEO)
April 23, 2001 08:00:00 AM ET

JAKKS Pacific (JAKK) 11.40: Toy company reports Q1 earnings of $0.33 a share, $0.05 better than the First Call consensus of $0.28, vs year-ago earnings of $0.32; revenues rose 18.1% to $59.96 mln from a year-ago of $50.78 mln. Company issues upside preannouncement for Q2; sees $0.34-0.37 vs current EPS estimate of $0.33. "With strong demand for our core products as we had anticipated, we continue to expect revenue growth in 2001 of 15% to 23%, and earnings growth of 5% to 12% over the prior year's results," CEO said; see press release.

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