Hasbro Inc. (HAS)
Analysts See Hasbro's Mixed Q3 As Pathway To Growth: Cost Cuts, Gaming, And Product Innovation In Focus
Analysts rerated Hasbro, Inc HAS after mixed quarterly print. On Thursday, the company reported a third-quarter sales decline of 15% to $1.281 billion, marginally missing the analyst estimate of $1.295 billion.
Hasbro Sales Down 15%, Profits Up As Turnaround Challenge Continues
Hasbro is still feeling the impact of a weak 2023 that led to excess inventory and closeouts, as well as growing pains related to its plan to right-size its business and shed less profitable toys and business segments.
Hasbro's Q3 Earnings Surpass Estimates, Revenues Fall Y/Y
HAS' third-quarter fiscal 2024 top line reflects dismal performances of the Consumer Products and Entertainment segments.
Hasbro, Inc. (HAS) Q3 2024 Earnings Call Transcript
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.
Compared to Estimates, Hasbro (HAS) Q3 Earnings: A Look at Key Metrics
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) Q3 Earnings Surpass Estimates
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's Q3 profit beats expectations, but stock slips
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.
Why Hasbro (HAS) is Poised to Beat Earnings Estimates Again
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.
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.
Hasbro to Report Q3 Earnings: Here's What to Expect
HAS third-quarter 2024 results are likely to be negatively impacted by dismal Partner and Portfolio Brands revenues.
Gear Up for Hasbro (HAS) Q3 Earnings: Wall Street Estimates for Key Metrics
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.
Analysts Estimate Hasbro (HAS) to Report a Decline in Earnings: What to Look Out for
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.
