Hasbro Swings To Profit In Q2; Declares Dividend

RTTNews | 400 dias atrás
Hasbro Swings To Profit In Q2; Declares Dividend

(RTTNews) - Toy and game company Hasbro, Inc. (HAS) reported Thursday net earnings attributable to Hasbro for the second quarter of $138.5 million or $0.99 per share, compared to a net loss of $235.0 million or $1.69 per share in the year-ago quarter.

Excluding items, adjusted earnings for the quarter were $1.22 per share, compared to $0.49 in the prior-year quarter. On average, 11 analysts polled by Thomson Reuters expected earnings of $0.78 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues for the quarter decreased 18 percent to $995.3 million from $1.21 billion in the same quarter last year. Analysts expected revenues of $943.56 million for the quarter.

The Board of Directors has declared a quarterly cash dividend of $0.70 per common share, payable on September 4, 2024, to shareholders of record at the close of business on August 21, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Marcadores : HAS
read more
Hasbro Q4 Adj. EPS Tops View; Guides FY23 Below Estimates

Hasbro Q4 Adj. EPS Tops View; Guides FY23 Below Estimates

Toy and board game company Hasbro, Inc. (HAS) reported Thursday a net loss attributable to Hasbro for the fourth quarter of $128.9 million or $0.93 per share, compared to a net income of $82.2 million or $0.59 per share in the year-ago quarter.
RTTNews | 925 dias atrás
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 2h 30min atrás
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 5h 20min atrás
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 5h 49min atrás
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 8h 52min atrás