13.02.2024 13:08:33 - dpa-AFX: Hasbro Stock Plummets As Q4 Profit Misses Estimates

WASHINGTON (dpa-AFX) - Hasbro, Inc. (HAS) posted a fourth-quarter net loss
attributable to Hasbro of $1.06 billion or $7.64 per share compared to a loss of
$128.9 million or $0.93 per share, prior year. Adjusted earnings per share was
$0.38 compared to $1.31. On average, 12 analysts polled by Thomson Reuters
expected the company to report profit per share of $0.66, for the quarter.
Analysts' estimates typically exclude special items.

Fourth quarter net revenues were $1.29 billion compared to $1.68 billion,
previous year. Analysts on average had estimated $1.36 billion in revenue.

The Board has declared a quarterly cash dividend of $0.70 per common share. The
dividend will be payable on May 15, 2024 to shareholders of record at the close
of business on May 1, 2024.

Shares of Hasbro are down 13% in pre-market trade on Tuesday.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
HASBRO INC. DL-,50 859888 Frankfurt 59,180 30.04.24 08:01:36 -0,500 -0,84% 0,000 0,000 59,180 59,180

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