Uncovering Potential: Hasbro's Earnings Preview

Hasbro (NASDAQ:HAS) will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Hasbro to report an earnings per share (EPS) of $1.30.

The announcement from Hasbro is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.44, leading to a 3.79% increase in the share price on the subsequent day.

Here's a look at Hasbro's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.78

0.27

0.66

1.71

EPS Actual

1.22

0.61

0.38

1.64

Price Change %

4.0%

-0.0%

4.0%

-5.0%

Stock Performance

Shares of Hasbro were trading at $71.04 as of October 22. Over the last 52-week period, shares are up 45.61%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Hasbro

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Hasbro.

The consensus rating for Hasbro is Buy, derived from 8 analyst ratings. An average one-year price target of $81.0 implies a potential 14.02% upside.

Comparing Ratings with Peers

This comparison focuses on the analyst ratings and ...