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Hasbro earnings posts

Hasbro First-Quarter Profit Drops 71%

Posted Apr 14th 2011 12:05PM by The Associated Press (RSS feed)
Filed under: Hasbro Inc (HAS)

Hasbro's hit battling-top game Beyblade couldn't rescue Hasbro's first quarter from pallid demand for other games and girls toys and spending to launch The Hub TV network.

Net income fell 71 percent and missed Wall Street expectations. Stock in the maker of Scrabble and Nerf dropped 84 cents to $44.95 in morning trading.

The first quarter is typically small for toy makers because it comes just after the crucial holiday season.

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Hasbro Trades Higher on Better-Than-Expected Earnings

Posted Feb 7th 2011 12:10PM by Michael Fowlkes (RSS feed)
Filed under: Earnings Reports, Hasbro Inc (HAS)

Shares of toy maker Hasbro Inc. (HAS) rose in early morning trading after the toy maker posted better-than-expected earnings for its fourth quarter before the market opened.

Going into the earnings report, analysts had been expecting to see Hasbro report earnings of $0.92 per share, but actual earnings came in at $0.99. Earnings were down though from $1.09 during the same period last year.

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Week in Preview: Coca-Cola, Disney and Hasbro Earnings

Posted Feb 6th 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Coca-Cola (KO), Walt Disney (DIS), Hasbro Inc (HAS), Economic Data

earnings expectations Things look to be pretty quiet on the economic calendar this week. Here are the highlights:

Tuesday: Weekly chain-store sales
Wednesday: Federal budget balance for January
Thursday: Wholesale trade data in December
Friday: Trade balance in December and the weekly inflation survey

However, three iconic companies -- Walt Disney (DIS), Coca-Cola (KO) and Hasbro (HAS) -- highlight this week's quarterly results. Here's a look at what analysts surveyed by Thomson Reuters are anticipating from these and others.

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Chasing Value: Hasbro Earnings Makes My Point

Posted Feb 9th 2010 1:20PM by Sheldon Liber (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Money and Finance Today, Hasbro Inc (HAS), Chasing Value™, Stock Screen, Stock Picks

Yesterday Hasbro, Inc. (HAS) reported 2009 fourth quarter and full-year results.

For the fourth quarter 2009, the Company reported net revenues of $1.38 billion, an increase of $144.1 million or 12%, compared to $1.23 billion a year ago. 2009 fourth quarter revenues grew 7% excluding a $55.4 million positive impact of foreign exchange. The Company reported net earnings for the quarter of $165.6 million or $1.09 per diluted share, an increase of $72.0 million or 77%, compared to $93.6 million or $0.62 per diluted share in 2008.

The strong results in a bad year support my contention that today's stock market, even in these uncertain times, does have plenty of bargains.

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