Hasbro, Inc. (NASDAQ:HAS) is reporting second quarter financial results on Monday 27th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, HAS is expected to report 2Q20 income of $ 0.23 per share from revenue of $ 992.24 million.
For the full year, analysts anticipate top line of $ 5644.25 million, while looking forward to income of $ 3.44 per share bottom line.
Previous Quarter Performance
Hasbro, Inc. recorded income for the first quarter of $ 0.57 per share, from the revenue of $ 1,106.00 million. The quarterly earnings hiked 171.43 percent while revenues improved 67.24 percent compared with the same quarter last year.
Wall street analysts are predicting, HAS to report 1Q20 income of $ 0.58 per share from revenue of $ 1141.27 million. The bottom line results missed street analysts by $ 0.01 or 1.72 percent, at the same time, top line results fell short of analysts by $ 35.27 million or 3.09 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HAS was $ 77.59, representing a 87.73 % increase from the 52 week low of $ 41.33 and a 38.84 % decrease over the 52 week high of $ 126.87.
The company has a market capital of $ 10.63 billion and is part of the Consumer Cyclical sector and Leisure industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.68 per share on May 14, 2020. The dividend were payable on August 17, 2020 to holders of record as of the close of business on August 3, 2020 and ex-dividend date on July 31, 2020.
Conference Call
Hasbro, Inc. will be hosting a conference call at 8:30 AM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hasbro.com
Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The companys U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.
