Hasbro Earnings Beat, Revenue Misses In Q4

Investing.com – Hasbro reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Hasbro announced earnings per share of $1.24 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.91 on revenue of $1.44B. That with comparison to EPS of $1.33 on revenue of $1.39B in the same period a year before. Hasbro had reported EPS of $1.84 on revenue of $1.58B in the previous quarter. Analysts are expecting EPS of $0.15 and revenue of $1.07B in the upcoming quarter.

Hasbro shares are down 4% from the beginning of the year , still down 20.47% from its 52 week high of $126.87 set on July 30, 2019. They are under-performing the S&P 500 which is up 3.31% year to date.

Hasbro follows other major Consumer Cyclical sector earnings this month

Hasbro’s report follows an earnings beat by Toyota Motor ADR on Thursday, who reported EPS of $4.78 on revenue of $68.6B, compared to forecasts EPS of $3.64 on revenue of $68.13B.

Tesla had beat expectations on January 29 with fourth quarter EPS of $2.14 on revenue of $7.38B, compared to forecast for EPS of $1.72 on revenue of $7,020M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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