For Immediate Release Hasbro Reports Third Quarter 2024 Financial Results Maintains Full Year EBITDA Guidance & Declares Quarterly Dividend Pawtucket, R.I., October 24, 2024 -- Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, today reported financial results for the third quarter 2024. "Outperformance within our gaming and licensing businesses in the third quarter highlights the strength in two of our highest profit areas," said Chris Cocks, Hasbro Chief Executive Officer. "Our key initiatives ar ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Hasbro (HAS) , which belongs to the Zacks Toys - Games - Hobbies industry, could be a great candidate to consider.This toy maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 92.18%.For the most recent quarter, Hasbro was expected to post ear ...

Hasbro, Inc. (HAS) is scheduled to report third-quarter fiscal 2024 results on Oct. 24, 2024, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 58.4%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Q3 EstimatesThe Zacks Consensus Estimate for earnings is pegged at $1.34 per share, indicating a decline of 18.3% from $1.64 reported a year ago.For revenues, the consensus estimate is pegged at $1.30 billion, suggestin ...

Wall Street analysts forecast that Hasbro (HAS) will report quarterly earnings of $1.34 per share in its upcoming release, pointing to a year-over-year decline of 18.3%. It is anticipated that revenues will amount to $1.3 billion, exhibiting a decline of 13.5% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 4.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections d ...

The market expects Hasbro (HAS) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 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 price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Hasbro (HAS) closed the most recent trading day at $71.57, moving -0.78% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. Heading into today, shares of the toy maker had gained 4.95% over the past month, outpacing the Consumer Discretionary sector's gain of 2.82% and the S&P 500's gain of 4.87% in that time. The investment communit ...

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A strike along dozens of East Coast ports could cost the economy hundreds of millions of dollars a day, leaving things like cars, furniture, alcohol and pharmaceuticals stuck on ships, while potentially raising shipping costs for businesses and consumers. But as the holiday season approaches, potentially bringing in billions of dollars in online sales alone, toy makers like Mattel Inc. MAT and Hasbro Inc. HAS are likely to be a bit more in the clear, after getting much of their production and shipping out o ...

The Zacks Toys - Games – Hobbies industry is being hurt by a decline in toy sales and high costs. However, benefits from the robust demand for smart toys, STEM (Science, Technology, Engineering and Math) toys, sports toys and fashion dolls and accessories bodes well. Industry participants have been undertaking efforts on the digital front and focusing on the better execution of marketing and promotional initiatives to drive growth. These firms, including Take-Two Interactive Software, Inc. (TTWO) , Hasbro, ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...