How did JAKK's Q1 2024 EPS outperform forecasts?

Jakks Pacific Inc (JAKK) reported an EPS of -$1.04 for Q1 2024, which represents a -22% EPS surprise, meaning it underperformed expectations. The company's EPS was estimated to be -$0.85, but it actually fell to -$1.04, resulting in a significant negative surprise. This indicates that the company's performance was below what analysts had anticipated.