Hasbro Earnings miss, Revenue Inline In Q1

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Hasbro Earnings miss, Revenue Inline In Q1
Credit: © Reuters.

Investing.com - Hasbro (NASDAQ: HAS ) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

Hasbro announced earnings per share of $0.57 on revenue of $1.16B. Analysts polled by Investing.com anticipated EPS of $0.6372 on revenue of $1.16B.

Hasbro shares are down 10% from the beginning of the year and are trading at $83.53 , down-from-52-week-high.They are under-performing the S&P 500 which is down 7.86% from the start of the year.

Hasbro follows other major Consumer Discretionary sector earnings this month

Hasbro's report follows an earnings beat by Nike on Monday, March 21, 2022, who reported EPS of $0.87 on revenue of $10.87B, compared to forecasts EPS of $0.7126 on revenue of $10.6B.

BYD ADR had missed expectations on Tuesday, March 29, 2022 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.

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

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