Hasbro Q2 Adj. EPS $0.49 Misses $0.58 Estimate, Sales $1.21B Beat $1.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hasbro reported Q2 earnings of $0.49 per share, missing the analyst consensus estimate of $0.58 by 15.52%. This is a 57.39% decrease from the same period last year. However, the company's quarterly sales of $1.21 billion beat the analyst consensus estimate of $1.11 billion by 9.01%, despite being a 9.63% decrease from the same period last year.
August 04, 2023 | 12:49 pm
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Hasbro's Q2 earnings per share missed estimates, while sales beat estimates. This mixed result could lead to uncertainty in the market.
Hasbro's earnings per share missed the analyst consensus estimate, which could negatively impact the stock. However, the company's sales beat the estimate, which could have a positive effect. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock.
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