Hasbro Q4 Adj. EPS $0.38 Misses $0.66 Estimate, Sales $1.29B Miss $1.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hasbro reported Q4 adjusted EPS of $0.38, missing the $0.66 estimate, and sales of $1.29B, missing the $1.36B estimate. This represents a significant decrease in both earnings and sales compared to the same period last year.
February 13, 2024 | 11:31 am
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Hasbro's Q4 earnings significantly missed analyst estimates, with a notable decrease in both earnings and sales compared to last year.
The significant miss in both earnings per share and sales compared to analyst estimates, coupled with a substantial decrease from the previous year's figures, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100