Hasbro Inc. Earnings Fall In Q2

Hasbro Inc. (HAS) reported earnings for second quarter that fell from the same period last year.

The company’s earnings came in at $60.30 million, or $0.48 per share. This compares with $67.72 million, or $0.53 per share, in last year’s second quarter.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 7.0% to $904.46 million from $972.51 million last year.

Hasbro Inc. earnings at a glance:

-Earnings (Q2): $60.30 Mln. vs. $67.72 Mln. last year.
-EPS (Q2): $0.48 vs. $0.53 last year.
-Analysts Estimate: $0.30
-Revenue (Q2): $904.46 Mln vs. $972.51 Mln last year.

by RTTNews Staff Writer

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