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Headquartered in Pawtucket, Rhode Island, Hasbro, Inc. (HAS) is a global leader in toy and entertainment production, known for its iconic brands like Monopoly, Nerf, My Little Pony, and Transformers. Valued at a market cap of $10 billion, Hasbro is recognized for its innovation, creative excellence, and dedication to delivering immersive play and entertainment experiences. The company is set to report its fiscal Q3 earnings before the market opens on Thursday, October 24.
Ahead of the event, analysts expect HAS to report a profit of $1.34 per share, down 18.3% from $1.64 in the year-ago quarter. In the last four quarters, the company has surpassed or matched Wall Street’s bottom-line estimates in three and missed on another one occasion. Hasbro's adjusted earnings of $1.22 per share for the last quarter surpassed the consensus estimate by 58.4%, driven by solid performance in games and digital licensing.
