Stock Groups

Hasbro Earnings Miss, Revenue Inline In Q1 -Breaking

[ad_1]

© Reuters. Hasbro Earnings Miss, Revenue Inline In Q1

Hasbro (NASDAQ 🙂 announced Tuesday that the company’s first quarter revenue exceeded analysts’ expectations.

Hasbro reported earnings per share at $0.57 for revenue $1.16 billion. Investing.com polled analysts and predicted EPS at $0.6372 for revenue $1.16B.

Hasbro shares have risen 3% since the start of the year. However, they are still 21.00% below their 52-week high of $105.73, which was set January 5. They outperform the Dow Jones, which has fallen 5.3% since the beginning of the year.

Hasbro joins other top Consumer Discretionary sectors in this month’s earnings

Hasbro’s earnings report comes after a beat by Nike, who reported $0.87 per share on $10.87B in revenue. Forecasts for $0.7126 were made on $10.6B.

BYD ADR’s March 29 results were disappointing. First quarter earnings per share (EPS) was $0.0661 on revenues of $11.18B. This compares to the $0.2333 forecast on revenues of $6.72B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

[ad_2]