Tuesday, December 20, 2016

JAKKS Pacific Inc. (JAKK) Plunged To A New Low After Profit Warning

JAKKS Pacific Inc. (JAKK) announced after the close Friday that it now expects to report full year 2016 net sales of approximately $700 million, which is down about 7 percent from its prior forecast. Full year EPS is now expected to be between $0.01 and $0.05. The consensus estimate is for EPS of $0.55.

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