Hasbro Q3 earnings beat Wall Street expectations with revenue of 1.6 billion
FROM THE WIRE · FINANCE.YAHOO.COM
PAWTUCKET, R.I. (AP) — PAWTUCKET, R.I. (AP) — Hasbro Inc. (HAS) on Tuesday reported third-quarter profit of $394.5 million. On a per-share basis, the Pawtucket, Rhode Island-based company said it had profit of $2.77. Earnings, adjusted for one-time gains and costs, came to $2.90…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above consensus for the toy maker can support the stock in the near term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Hasbro reported third-quarter profit of 394.5 million dollars, or 2.77 dollars per share.
- 02Adjusted earnings were 2.90 dollars per share against an estimate of 1.86 dollars.
- 03Revenue was 1.6 billion, versus expectations of 1.47 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets