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Hasbro Inc. (HAS) Tops Q3 EPS by 2c

October 20, 2014 6:30 AM

Hasbro Inc. (NASDAQ: HAS) reported Q3 EPS of $1.46, $0.02 better than the analyst estimate of $1.44. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.47 billion.

“Our third quarter results continued to reflect the momentum we are building in our franchise brands and key partner brands, the positive results of our investments globally and the benefits of leading with compelling content and storytelling,” said Brian Goldner, Hasbro’s President and Chief Executive Officer. “In the third quarter, we grew revenues across all operating segments, delivered improved profitability and took strategic steps to grow our brand portfolio and content delivery over the longer term, including forming a new strategic merchandising relationship with Disney Consumer Products for the globally popular Disney Princess and Frozen properties.”

“Our third quarter results are indicative of Hasbro’s strong financial and competitive position,” said Deborah Thomas, Hasbro’s Chief Financial Officer. “In this environment of growth and financial strength, we remain focused on improving profitability, returning cash to our shareholders and investing back into our business, through investments in innovation, systems and portfolio expansion across our blueprint.”

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

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