Jakks Pacific Lowers 2011 Earnings Forecast
Jakks Pacific Inc (NASDAQ: JAKK) cut its earnings forecast for this year.
Jakks Pacific expects 2011 earnings of $0.37 to $0.40 per share on revenue of $660 million, down from its earlier estimates of $1.32 to $1.35 per share in earnings and $770 million to $775 million in revenue.
Jakks Pacific shares dropped 0.57% to close at $17.35 on Friday.
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