Recap: Funko Q4 Earnings

Funko FNKO reported its Q4 earnings results on Thursday, March 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Funko beat estimated earnings by 58.33%, reporting an EPS of $0.38 versus an estimate of $0.24.

Revenue was up $109.76 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 8.96% increase in the share price the next day.

Here's a look at Funko's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.38	0.18	0.11
EPS Actual	0.39	0.40	0.24	0.29
Revenue Estimate	240.74M	205.15M	180.30M	195.67M
Revenue Actual	267.73M	236.11M	189.18M	226.51M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Funko management provided guidance for their next quarter, expecting earnings between $1.75 and $1.91 per share for the next quarter.

This represents a 381.58% in quarter-over-quarter growth for Funko, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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