Are Investors Undervaluing Funko (FNKO) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Funko: Turnaround Measures Are Beginning To Bear Fruit (Rating Upgrade)
Funko's stock has surged over 50% YTD under new CEO Cynthia Williams, driven by strategic SKU reductions and improved financial performance. Despite a challenging U.S. economy, Funko's international growth and reduced inventory have bolstered revenue, though risks like debt and reliance on fads remain. Q2 results exceeded expectations with 3% y/y revenue growth and a 13-point gross margin improvement, aided by favorable shipment timing and cost reductions.
Bull of the Day: Funko (FNKO)
Is Funko, Inc. FNKO back? This Zacks Rank #1 (Strong Buy) has new leadership and has reduced its inventory and debt.
Are Consumer Discretionary Stocks Lagging Funko (FNKO) This Year?
Here is how Funko-A (FNKO) and Madison Square Garden Entertainment (MSGE) have performed compared to their sector so far this year.
Is Funko (FNKO) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
What Makes Funko-A (FNKO) a New Buy Stock
Funko-A (FNKO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Should Value Investors Buy Funko (FNKO) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Funko: A Turnaround Small-Cap Chasing New Markets
The article discusses small-cap Funko stock, which recently beat top and bottom line earnings. I previously covered the stock in 2023, numbers have deteriorated since, but the company is executing a turnaround under new management. A new video game and toy line-up open new avenues for revenue as the collectible market for Funko Pop! toys goes through a rut.
Why Funko Stock Popped Today
Revenue growth was slow, but margins surged in the second quarter. Management expects slower growth in the third quarter.
Funko, Inc. (FNKO) Q2 2024 Earnings Call Transcript
Funko, Inc. (NASDAQ:FNKO ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Robert Jaffe - Director, IR Cynthia Williams - CEO Yves LePendeven - CFO Conference Call Participants Eric Wold - B. Riley Stephen Laszczyk - Goldman Sachs Operator Good afternoon, and welcome to the Funko 2024 Second Quarter Financial Results Conference Call.
Funko-A (FNKO) Q2 Earnings and Revenues Top Estimates
Funko-A (FNKO) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $0.43 per share a year ago.
After A Fun Time, Shares Of Funko Deserve To Move Higher
Funko shares have surged 42% since March despite falling revenue, mainly because signs of a successful turnaround are emerging. This follows a very tough 2023 fiscal year market by plunging sales and falling profits and cash flows. Management expects revenue to stabilize in 2024, with lower debt, reduced inventory, and potential for further growth.
