Hasbro Reports Second Quarter 2020 Financial Results
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BMO Capital Reiterates Market Perform Rating on Hasbro (HAS) Ahead of 2Q Report
July 27, 2020 7:03 AM EDTBMO Capital analyst Gerrick Johnson reiterated a Market Perform rating and $76.00 price target on Hasbro (NASDAQ: HAS) ahead of the company's 2Q earnings report. The acquisition of Entertainment One (eOne) has muddied the story, but that confusion is exacerbated by timing shifts and perhaps... More
Hasbro (HAS) Misses Q2 EPS by 23c, Revenues Miss
July 27, 2020 6:32 AM EDTHasbro (NASDAQ: HAS) reported Q2 EPS of $0.02, $0.23 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $860.3 million versus the consensus estimate of $1.01 billion.
"The global Hasbro team is executing our playbook amidst a dynamic and challenging environment. They are doing so with creativity and agility, identifying new and efficient ways to operate, capitalizing on our investments in creating a digital-first orientation while keeping our innovation engines moving and leveraging the expertise of a management team that has led through challenges in the past," said Brian Goldner, Hasbros chairman and... More
