Hasbro's (HAS) FQ4 report misses on top and bottom lines, stock dives
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
CFRA Downgrades Hasbro (HAS) to Buy
February 13, 2024 9:12 AM ESTCFRA 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
Hasbro (HAS) Misses Q4 EPS by 27c, Misses on Revenue; Offers FY24 Guidance
February 13, 2024 6:32 AM ESTHasbro (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... More