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Monday, July 24, 2017

=Hasbro (HAS) reported earnings on Mon 24 July 2017 (b/o)



PAWTUCKET, R.I. (AP) _ Hasbro Inc. (HAS) on Monday reported second-quarter earnings of $67.7 million.
On a per-share basis, the Pawtucket, Rhode Island-based company said it had profit of 53 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The toy maker posted revenue of $972.5 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $973 million.
Hasbro shares have climbed 49 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 10 percent. The stock has risen 44 percent in the last 12 months.

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