Why Is Hasbro (HAS) Down 7.1% Since Last Earnings Report?

It has been about a month since the last earnings report for Hasbro (HAS) . Shares have lost about 7.1% in that time frame, underperforming the S&P 500. Earnings & Revenues In the first quarter of 2024, HAS reported adjusted earnings per share (EPS) of 61 cents, which beat the Zacks Consensus Estimate of 27 cents. In the year-ago quarter, it reported adjusted EPS of 1 cent. Net revenues of $757.3 million also beat the consensus mark of $743 million. However, the top line declined 24.3% year over year from $ ...