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Hasbro (HAS) posts better than expected earnings

Posted Jul 20th 2009 8:40AM by Michael Fowlkes (RSS feed)
Filed under: Before the Bell, Earnings Reports, Good news, Hasbro Inc (HAS)

Hasbro second quarter earningsGame and toy maker Hasbro (NYSE: HAS) had its chance to impress Wall Street with its second quarter results Monday morning, and the company indeed did not disappoint, posting stronger than expected earnings.

Spurred by strong sales of G.I. Joe and Transformers toys, the company reported a 5% jump in profit with earnings of 26 cents per share. Going into today's earnings report analysts had expected earnings of just 23 cents per share.

Continue reading Hasbro (HAS) posts better than expected earnings

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