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Fly News Breaks for October 1, 2019
FNKO
Oct 1, 2019 | 08:49 EDT
Stifel analyst Drew Crum said he expects Funko to report Q3 results on or around November 7, adding that he has been encouraged by the company's performance based on his tracking of sales on Amazon web sites. His estimates for AEBITDA, revenue and gross margin are generally in line with consensus, which "suggests another solid quarter of growth and profitability," said Crum, who keeps a Buy rating and $30 price target on Funko shares.
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