JAKKS Pacific Q3 Earnings Decline 33%

(RTTNews) - JAKKS Pacific (JAKK) released a profit for third quarter that decreased from last year.

The company said its bottom line fell to $30.61 million, or $0.82 per share. This was lower than $45.85 million, or $1.12 per share, in last year's third quarter.

Analysts had expected the company to earn $1.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.2% to $302.79 million. This was down from $337.03 million last year.

JAKKS Pacific earnings at a glance:

-Earnings (Q3): $30.61 Mln. vs. $45.85 Mln. last year. -Earnings Decline (Y-o-Y): -33.2% -EPS (Q3): $0.82 vs. $1.12 last year. -EPS Decline (Y-o-Y): -26.8% -Analysts Estimate: $1.10 -Revenue (Q3): $302.79 Mln vs. $337.03 Mln last year. -Revenue Change (Y-o-Y): -10.2%

-Guidance: Full year EPS guidance: $0.78 Full year revenue guidance: $800 Mln