Hasbro Reports Fourth Quarter and Full Year 2023 Financial Results
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February 13, 2024 9:12 AM EST
CFRA downgraded Hasbro (NASDAQ: HAS) from Strong Buy to Buy with a price target of $53.00 (from $68.00).
The analyst comments "We lower our 12-month price target by $15 to $53, based on 16.3x our 2024 EPS estimate and in line with the company's 3-year average... More
February 13, 2024 6:45 AM EST
Hasbro (NASDAQ: HAS) saw its stock price tumble more than 12% in premarket trading Tuesday after the company missed consensus estimates on top and bottom lines for FQ4.
The company generated fourth-quarter earnings per share (EPS) at $0.38, falling short of the projected $0.65 by analysts. The company's revenue for the quarter stood at $1.29 billion, also below the expected $1.35 billion.
Looking ahead... More
February 13, 2024 6:32 AM EST
Hasbro (NASDAQ: HAS) reported Q4 EPS of $0.38, $0.27 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.35 billion.
For the full year 2024, the Company expects:
Consumer Products Segment revenue down 7% to 12% with...
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