Recap: Hasbro Q2 Earnings

Shares of Hasbro HAS fell 3.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 97.44% over the past year to $0.02, which missed the estimate of $0.23.

Revenue of $860,279,000 declined by 12.62% from the same period last year, which missed the estimate of $995,550,000.

Outlook

Hasbro hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 27, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/cc978uk8

Price Action

52-week high: $126.87

Company's 52-week low was at $41.33

Price action over last quarter: Up 7.81%

Company Overview

Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Monopoly. Ownership stakes in Discovery Family, which offers programming from Hasbro Studios, and animation studio Boulder Media bolster Hasbro's multi-channel presence. The firm acquired Entertainment One, bolting on properties like Peppa Pig and PJ Masks, in 2019.