Hasbro Swings To Profit In Q2; Declares Dividend

RTTNews | 352 days ago
Stocktwits
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

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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 | 877 days ago
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Pound Falls As U.K. Economy Contracts For Second Straight Month

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RTTNews | 1 day ago
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