Hasbro stock plunges after revenue drop, downbeat outlook

A monopoly game sits under the Hasbro logo during Brand Licensing Europe at ExCel on November 18, 2021 in London, England.Toy company Hasbro reported a more than 20% hit to its fourth-quarter revenue and issued a downbeat 2024 forecast Tuesday morning. Shares of the company plunged about 10% in premarket trading.Here's how Hasbro performed in the fourth quarter compared with estimates from LSEG, formerly known as Refinitiv:Earnings per share: 38 cents vs. 66 cents per share expected.Revenue: $1.29 billion v ...