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Hasbro Earnings Beat, Revenue Misses In Q2

2022.07.19 14:18

Hasbro Earnings Beat, Revenue Misses In Q2
Hasbro Earnings Beat, Revenue Misses In Q2

Investing.com – Hasbro (NASDAQ:HAS) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Hasbro announced earnings per share of $1.15 on revenue of $1.34B. Analysts polled by Investing.com anticipated EPS of $0.9468 on revenue of $1.37B.

Hasbro shares are up 1% from the beginning of the year, still down 24.88% from its 52 week high of $105.73 set on January 5. They are outperforming the Dow Jones which is down 14.49% from the start of the year.

Hasbro follows other major Consumer Discretionary sector earnings this month

Hasbro’s report follows an earnings beat by Nike on June 27, who reported EPS of $0.9 on revenue of $12.23B, compared to forecasts EPS of $0.8015 on revenue of $12.06B.

Fast Retailing ADR had beat expectations on Thursday with second quarter EPS of $0.6426 on revenue of $3.94B, compared to forecast for EPS of $0.2985 on revenue of $3.95B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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