Hasbro, Inc. (NASDAQ:HAS ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Chris Cocks - CEO Gina Goetter - EVP & CFO Kern Kapoor - SVP, IR Conference Call Participants Drew Crum - Stifel Megan Alexander - Morgan Stanley Christopher Horvers - J.P. Morgan & Chase Eric Handler - ROTH Capital Alex Perry - Bank of America Arpine Kocharyan - UBS Sean Rooney - Citigroup Kylie Cohu - Jefferies Operator Good morning, and welcome to Hasbro's Third Quarter 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Hasbro (HAS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hasbro (HAS) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.64 per share a year ago.
Hasbro Inc.'s stock is down 2.1% in premarket trades after the toy maker's third-quarter profit beat expectations, fueled by its gaming and licensing businesses.
Hasbro (HAS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.
HAS third-quarter 2024 results are likely to be negatively impacted by dismal Partner and Portfolio Brands revenues.
Beyond analysts' top -and-bottom-line estimates for Hasbro (HAS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Hasbro (HAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Hasbro (HAS) reachead $71.57 at the closing of the latest trading day, reflecting a -0.78% change compared to its last close.
In the most recent trading session, Hasbro (HAS) closed at $72.11, indicating a -0.52% shift from the previous trading day.