Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Hasbro Earnings: What To Look For From HAS By: StockStory October 23, 2024 at 03:03 AM EDT Toy and entertainment company Hasbro (NASDAQ:HAS) will be reporting results tomorrow before market open. Here’s what to look for. Hasbro beat analysts’ revenue expectations by 5.5% last quarter, reporting revenues of $995.3 million, down 17.7% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ earnings estimates. Is Hasbro a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Hasbro’s revenue to decline 13.7% year on year to $1.30 billion, a further deceleration from the 10.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.29 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hasbro has missed Wall Street’s revenue estimates three times over the last two years. Looking at Hasbro’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike’s revenues decreased 10.4% year on year, meeting analysts’ expectations, and Scholastic reported revenues up 3.8%, topping estimates by 1.6%. Nike traded down 6.8% following the results while Scholastic was up 6%. Read our full analysis of Nike’s results here and Scholastic’s results here. Investors in the consumer discretionary segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Hasbro’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $77.31 (compared to the current share price of $71.40). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Hasbro Earnings: What To Look For From HAS By: StockStory October 23, 2024 at 03:03 AM EDT Toy and entertainment company Hasbro (NASDAQ:HAS) will be reporting results tomorrow before market open. Here’s what to look for. Hasbro beat analysts’ revenue expectations by 5.5% last quarter, reporting revenues of $995.3 million, down 17.7% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ earnings estimates. Is Hasbro a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Hasbro’s revenue to decline 13.7% year on year to $1.30 billion, a further deceleration from the 10.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.29 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hasbro has missed Wall Street’s revenue estimates three times over the last two years. Looking at Hasbro’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike’s revenues decreased 10.4% year on year, meeting analysts’ expectations, and Scholastic reported revenues up 3.8%, topping estimates by 1.6%. Nike traded down 6.8% following the results while Scholastic was up 6%. Read our full analysis of Nike’s results here and Scholastic’s results here. Investors in the consumer discretionary segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Hasbro’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $77.31 (compared to the current share price of $71.40). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
Toy and entertainment company Hasbro (NASDAQ:HAS) will be reporting results tomorrow before market open. Here’s what to look for. Hasbro beat analysts’ revenue expectations by 5.5% last quarter, reporting revenues of $995.3 million, down 17.7% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ earnings estimates. Is Hasbro a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Hasbro’s revenue to decline 13.7% year on year to $1.30 billion, a further deceleration from the 10.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.29 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hasbro has missed Wall Street’s revenue estimates three times over the last two years. Looking at Hasbro’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike’s revenues decreased 10.4% year on year, meeting analysts’ expectations, and Scholastic reported revenues up 3.8%, topping estimates by 1.6%. Nike traded down 6.8% following the results while Scholastic was up 6%. Read our full analysis of Nike’s results here and Scholastic’s results here. Investors in the consumer discretionary segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Hasbro’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $77.31 (compared to the current share price of $71.40). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
