Hasbro (NASDAQ:HAS) will be posting its quarterly earnings results before the market opens on Tuesday, April 23rd. Analysts expect Hasbro to post earnings of ($0.06) per share for the quarter.
Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Friday, February 8th. The company reported $1.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.68 by ($0.35). The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.53 billion. Hasbro had a net margin of 4.81% and a return on equity of 28.01%. The firm’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.30 EPS. On average, analysts expect Hasbro to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of HAS opened at $88.78 on Monday. The firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 23.06, a P/E/G ratio of 1.93 and a beta of 0.90. Hasbro has a fifty-two week low of $76.84 and a fifty-two week high of $109.60. The company has a current ratio of 2.42, a quick ratio of 2.07 and a debt-to-equity ratio of 0.97.
Several equities analysts recently weighed in on the stock. BidaskClub upgraded shares of Hasbro from a “strong sell” rating to a “sell” rating in a report on Tuesday, April 16th. Zacks Investment Research upgraded shares of Hasbro from a “strong sell” rating to a “hold” rating in a report on Saturday, April 13th. Wells Fargo & Co reduced their target price on shares of Hasbro from $90.00 to $82.00 and set a “market perform” rating on the stock in a report on Thursday, March 21st. Citigroup reduced their target price on shares of Hasbro from $106.00 to $103.00 and set a “buy” rating on the stock in a report on Monday, March 11th. Finally, BMO Capital Markets upgraded shares of Hasbro from an “underperform” rating to a “market perform” rating and lifted their target price for the company from $75.00 to $88.00 in a report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $103.43.
ILLEGAL ACTIVITY NOTICE: “Hasbro (HAS) Set to Announce Quarterly Earnings on Tuesday” was first posted by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this story on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/04/22/hasbro-has-set-to-announce-quarterly-earnings-on-tuesday.html.
Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.
Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.