Hasbro Q3 2023 Adj. EPS $1.64 Misses $1.70 Estimate, Revenue $1.503B Misses $1.644B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hasbro's Q3 2023 adjusted EPS was $1.64, missing the estimate of $1.70. The company's revenue was $1.503B, also falling short of the $1.644B estimate.
October 26, 2023 | 10:33 am
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NEGATIVE IMPACT
Hasbro reported lower than expected Q3 2023 earnings and revenue, which could negatively impact its stock price in the short term.
Hasbro's lower than expected earnings and revenue for Q3 2023 could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100