Shares of Hasbro fell sharply on Wednesday even after the toy and gaming company reported stronger-than-expected first-quarter earnings and revenue, as investors focused on the company's decision to maintain rather than raise its full-year outlook. Hasbro stock dropped roughly 8.32% to $89.09, making it the worst-performing stock in the S&P 500 during the session.
HAS beats Q1 EPS and revenue estimates as MAGIC: THE GATHERING and Monopoly Go! fuel Wizards' growth despite weaker Entertainment.
Hasbro is upgraded to 'Buy' after a recent pullback, with shares offering a compelling entry point near a 5.5% free cash flow yield. Strong MAGIC franchise growth and a favorable film slate are expected to drive revenue acceleration and offset macro headwinds in consumer products. Q1 results showed 13% revenue growth, 360bps margin expansion, and robust free cash flow, despite conservative full-year guidance.
Hasbro (HAS) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.04 per share a year ago.
Hasbro reported a jump in profit and revenue in the first quarter, driven by continued strength in its Wizards of the Coast and digital-gaming segment.
RL's digital growth, AI investments and omnichannel push may support performance and boost Q4 results.
Here is how Hasbro (HAS) and Flexsteel Industries (FLXS) have performed compared to their sector so far this year.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Hasbro (HAS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
Hasbro (HAS) concluded the recent trading session at $95.65, signifying a +1.74% move from its prior day's close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The latest trading day saw Hasbro (HAS) settling at $97.53, representing a +2.92% change from its previous close.
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.