We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hasbro (HAS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
In its upcoming report, Hasbro (HAS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.69 per share, reflecting an increase of 13.1% compared to the same period last year. Revenues are forecasted to be $769.7 million, representing a year-over-year increase of 1.6%.
Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Hasbro metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'External Net Revenues- Entertainment' at $25.88 million. The estimate suggests a change of -7.6% year over year.
The consensus among analysts is that 'External Net Revenues- Consumer Products' will reach $381.03 million. The estimate indicates a change of -7.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'External Net Revenues- Wizards of the Coast and Digital Gaming' will likely reach $365.56 million. The estimate points to a change of +15.6% from the year-ago quarter.
It is projected by analysts that the 'Wizards of the Coast and Digital Gaming Net Revenues- Tabletop Gaming' will reach $260.70 million. The estimate indicates a year-over-year change of +14.2%.
Analysts' assessment points toward 'Wizards of the Coast and Digital Gaming Net Revenues- Digital and Licensed Gaming' reaching $105.98 million. The estimate suggests a change of +20.3% year over year.
According to the collective judgment of analysts, 'Operating profit (loss)- Wizards of the Coast and Digital Gaming' should come in at $165.38 million. The estimate compares to the year-ago value of $122.80 million.
Analysts expect 'Operating profit (loss)- Corporate & Other segment' to come in at -$29.69 million. Compared to the present estimate, the company reported $34.50 million in the same quarter last year.
Based on the collective assessment of analysts, 'Operating profit (loss)- Entertainment' should arrive at $2.42 million. Compared to the current estimate, the company reported $5.80 million in the same quarter of the previous year.
Shares of Hasbro have demonstrated returns of -12.8% over the past month compared to the Zacks S&P 500 composite's -6.9% change. With a Zacks Rank #3 (Hold), HAS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Hasbro (HAS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
In its upcoming report, Hasbro (HAS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.69 per share, reflecting an increase of 13.1% compared to the same period last year. Revenues are forecasted to be $769.7 million, representing a year-over-year increase of 1.6%.
Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Hasbro metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'External Net Revenues- Entertainment' at $25.88 million. The estimate suggests a change of -7.6% year over year.
The consensus among analysts is that 'External Net Revenues- Consumer Products' will reach $381.03 million. The estimate indicates a change of -7.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'External Net Revenues- Wizards of the Coast and Digital Gaming' will likely reach $365.56 million. The estimate points to a change of +15.6% from the year-ago quarter.
It is projected by analysts that the 'Wizards of the Coast and Digital Gaming Net Revenues- Tabletop Gaming' will reach $260.70 million. The estimate indicates a year-over-year change of +14.2%.
Analysts' assessment points toward 'Wizards of the Coast and Digital Gaming Net Revenues- Digital and Licensed Gaming' reaching $105.98 million. The estimate suggests a change of +20.3% year over year.
According to the collective judgment of analysts, 'Operating profit (loss)- Wizards of the Coast and Digital Gaming' should come in at $165.38 million. The estimate compares to the year-ago value of $122.80 million.
Analysts expect 'Operating profit (loss)- Corporate & Other segment' to come in at -$29.69 million. Compared to the present estimate, the company reported $34.50 million in the same quarter last year.
Based on the collective assessment of analysts, 'Operating profit (loss)- Entertainment' should arrive at $2.42 million. Compared to the current estimate, the company reported $5.80 million in the same quarter of the previous year.
View all Key Company Metrics for Hasbro here>>>
Shares of Hasbro have demonstrated returns of -12.8% over the past month compared to the Zacks S&P 500 composite's -6.9% change. With a Zacks Rank #3 (Hold), HAS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>