Hasbro (HAS) Tops Q2 EPS by 52c; upgrades guidance
Hasbro (NASDAQ: HAS) reported Q2 EPS of $1.30, $0.52 better than the analyst estimate of $0.78. Revenue for the quarter came in at $980.8 million versus the consensus estimate of $874.66 million.
For the full year, the Company now expects:
Total Hasbro revenues up mid-single digits in constant currency (previously up slightly).
Adjusted operating margin of 22%-23% (previously 21% to 22%).
Adjusted EBITDA of $1.17 billion to $1.20 billion (previously $1.1 billion to $1.15 billion).
For earnings history and earnings-related data on Hasbro (HAS) click here.
