Previous Close | 58.14 |
Open | 63.50 |
Bid | 64.98 x 400 |
Ask | 65.06 x 400 |
Day's Range | 63.18 - 66.38 |
52 Week Range | 42.66 - 73.58 |
Volume | |
Avg. Volume | 1,730,495 |
Market Cap | 9.052B |
Beta (5Y Monthly) | 0.70 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -10.73 |
Earnings Date | Apr 24, 2024 |
Forward Dividend & Yield | 2.80 (4.82%) |
Ex-Dividend Date | Apr 30, 2024 |
1y Target Est | 60.33 |
Hasbro (HAS) first-quarter 2024 results gain from turnaround endeavors. It achieves anticipated revenues and experiences notable enhancements in operating profit.
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.
(Bloomberg) -- Hasbro Inc. shares rose as much as 11%, the biggest intraday gain since April 2023, after the toymaker reported first-quarter earnings that beat estimates, a promising sign for the company’s turnaround efforts. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over Strate