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JAKKS Pacific Inc. Reaffirms FY 2012 Revenue Guidance; Raises FY 2012 EPS Guidance; Declares Cash Dividend For Third Quarter 2012

Tuesday, 17 Jul 2012 06:00am EDT 

JAKKS Pacific Inc. announced that for fiscal 2012, it expects net sales of 6.2% to 7.4% to approximately $720 million to $728 million, with revised diluted earnings per share in the range of approximately $1.04 to $1.08, giving effect to the repurchase of common stock pursuant to the self-tender and the related anticipated financing costs and excluding the financial and legal advisory fees. The Company's previous guidance for diluted earnings per share was in the range of $1.01 to $1.07, excluding the financial and legal advisory fees. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.07 for fiscal 2012. The Company also announced that the Board of Directors has declared a regular quarterly cash dividend of $0.10 per common share payable on October 1, 2012, to shareholders of record at the close of business on September 14, 2012. 

Company Quote

0.22 +2.51%
17 Apr 2014