Advertisement
Canada markets closed
  • S&P/TSX

    21,947.41
    +124.19 (+0.57%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CAD/USD

    0.7308
    -0.0006 (-0.08%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • Bitcoin CAD

    86,395.59
    +5,262.30 (+6.49%)
     
  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • NASDAQ

    16,156.33
    +315.37 (+1.99%)
     
  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Hasbro Pops on Strong Earnings. The Reason: ‘Turnaround Efforts.’

Hasbro Pops on Strong Earnings. The Reason: ‘Turnaround Efforts.’

Hasbro stock was trading higher after the toy maker beat quarterly estimates for earnings and sales. Hasbro which makes Monopoly, Transformers, G.I. Joe, and other brands, posted first-quarter adjusted earnings per share of 61 cents, easily beating Wall Street’s call of 27 cents. Net revenue of $757.3 million was above the consensus call of $739.8 million, but fell from the $1 billion recorded a year ago, largely because of the divestiture of the company’s eOne film and television segment.