Earnings

Funko (FNKO) Q4 2020 earnings beat estimates

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A global pandemic didn’t stop ardent Funko collectors from stocking up on miniature models of their favorite pop culture characters. The company beat on the top and bottom lines when it reported fourth-quarter earnings after on Thursday, sending shares up 10% after hours.

Here’s how the company did for the fourth quarter, compared with Wall Street estimates:

  • EPS: 29 cents, excluding times, vs.14 cents expected, according to Refinitiv.
  • Revenue: $226.5 million vs. $195.7 million expected, according to Refinitiv.

During the fourth quarter, Funko’s net sales soared 6% year over year to $226.5 million, as more folks scooped up merchandise from “The Mandalorian” and products from its Loungefly…



Source cnbc.com

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