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Hasbro, Inc. (HAS), commanding market capitalization of $7.8 billion, stands as a global powerhouse in toy and entertainment production, celebrated for its legendary brands such as Monopoly, Nerf, My Little Pony, and Transformers. The Pawtucket, Rhode Island-based company is ready to release its fiscal Q4 earnings before the market opens on Tuesday, Feb. 11.
Ahead of the event, analysts expect HAS to report a profit of $35 per share, down 7.9% from $0.38 in the year-ago quarter. In the last four quarters, the company has surpassed or matched Wall Street’s bottom-line estimates in three quarters and missed on another one occasion. Despite a drop in revenue in the previous quarter, cost management and operational efficiency enabled the company to report an adjusted EPS of $1.73, exceeding the earnings expectations by 32.1%