Hasbro (HAS) Reported Q4 EPS of $2.30, Miss on Revenues

Note: EPS may not be comparable due to tax legislation

Hasbro (NASDAQ: HAS) reported Q4 EPS of $2.30, $0.50 better than the analyst estimate of $1.80. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.72 billion.

Fourth Quarter 2017

• Fourth Quarter net revenues decreased 2% to $1.60 billion, including a favorable $44.3 million impact of foreign exchange; Operating profit margin of 17.0%;
• U.S. tax reform resulted in a $296.5 million net charge, or $2.35 per diluted share;
• Adjusted net earnings, excluding the impact of U.S. tax reform, were $291.2 million or $2.30 per diluted share; Reported net loss of $5.3 million, or $0.04 per diluted share;

For earnings history and earnings-related data on Hasbro (HAS) click here.

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