The Zacks Consensus Estimate for earnings in the to-be-reported quarter is pegged at 77 cents per share, indicating an improvement of 57.1% from 49 cents reported in the year-ago quarter. The consensus mark has moved up 4% in the past 60 days. For quarterly revenues, the consensus mark is pegged at nearly $942.4 million, suggesting a decline of 22.1% from the year-ago quarter's figure. Image Source: Zacks Investment Research | --- | --- | --- | --- | --- | --- | |----------|--------------------------------- ...

Ariel Skelley The company reports revenue in North America, Europe, Asia, and Latin America. With many brands and international exposure, I think that the business model appears well-diversified. Quarter ended March 31, 2024 North America: $239.1 million Europe: $87.5 million Asia Pacific: $48.8 million Latin America: $37.6 million Net revenues: $413.0 million It is worth noting that HAS is expected to announce its quarterly results on July 25. In the last 90 days, eight analysts increased their quarterly E ...

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Expected Results of an Industry Player The market expects Hasbro (HAS) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock pr ...

Coming into today, shares of the toy maker had lost 2.86% in the past month. In that same time, the Consumer Discretionary sector lost 0.25%, while the S&P 500 gained 3.78%. For the full year, the Zacks Consensus Estimates project earnings of $3.72 per share and a revenue of $4.14 billion, demonstrating changes of +48.21% and -17.19%, respectively, from the preceding year. Hasbro (HAS) closed the latest trading day at $59.51, indicating a -0.39% change from the previous session's end. The stock fell short o ...

Shares of Hasbro, Inc. (HAS) have increased 26.8% in the past six months against the industry's decline of 26.6%. The American multinational toy manufacturing and entertainment holding company is riding high on the strategic adoption of the franchise-first mindset. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Decoding Tailwinds The content delivered by the company from its partnership with Paramount garnered exceptional responses from its customers, thus fostering its grow ...

The investment community will be closely monitoring the performance of Hasbro in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.76, reflecting a 55.1% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $937.99 million, down 22.48% from the year-ago period. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks ...

One should further note that HAS currently holds a PEG ratio of 0.6. The PEG ratio is similar to the widelyused P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Toys - Games - Hobbies industry stood at 1.36 at the close of the market yesterday. It's also important for investors to be aware of any recent modifications to analyst estimates for Hasbro. These recent revisions tend to reflect the evolving nature of short-term business t ...

Consistent focus on product launches and a shift toward more technology-driven toys involve certain costs and expenses. These investments are likely to drive profits in the long term, however, they might prove to be detrimental in the near term. The company has been shouldering high expenses concerning freight, product costs, sales allowances, and various toy and gaming products closeouts. Also, product development costs are adding pressure on the bottom line. Nonetheless, the aforementioned tailwinds have ...

Of the 10 recommendations that derive the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 10% of all recommendations. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. ABR Should Not Be Confused With Zacks Rank than their research w ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 20: The ODP Corporation (ODP) : This business services and technology solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days. The ODP Corporation has a PEG ratio of 0.45 compared with 1.42 for the industry. The company possesses a Growth Score of B. Hasbro, Inc. (HAS) : This play and entertainment ...