Hasbro Earnings beat, Revenue misses In Q1

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Hasbro Earnings beat, Revenue misses In Q1
Credit: © Reuters.

Investing.com - Hasbro (NASDAQ: HAS ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Hasbro announced earnings per share of $1 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $0.6448 on revenue of $1.17B.

Hasbro shares are up 27% from the beginning of the year and are trading at $97.02 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.53% from the start of the year.

Hasbro follows other major Consumer Cyclical sector earnings this month

Hasbro's report follows an earnings beat by Tesla on Tuesday, who reported EPS of $0.93 on revenue of $10.39B, compared to forecasts EPS of $0.7428 on revenue of $10.42B.

Genuine Parts had beat expectations on Thursday with first quarter EPS of $1.5 on revenue of $4.46B, compared to forecast for EPS of $1.14 on revenue of $4.3B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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