Hasbro Reports Big Q4 Earnings Beat


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Hasbro (NASDAQ:HAS) reported fourth-quarter earnings of $1.24 per share on Tuesday, which beat the analyst consensus estimate of 91 cents by 36.26%. This is a 6.77% decrease over earnings of $1.33 per share from the same period last year.

The company reported quarterly sales of $1.428 billion, which missed the analyst consensus estimate of $1.44 billion. This is a 2.81% increase over sales of $1.389 billion the same period last year.

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"Our acquisition of Entertainment One accelerates our brand blueprint strategy and significantly expands our expertise and capabilities as a global play and entertainment company,” said Brian Goldner, Hasbro's CEO. “Our teams are actively engaged to unlock value across our organization - in gaming, in toys, in consumer products and in entertainment."

Hasbro shares were up 7% at $108 in Tuesday’s pre-market session. The stock has a 52-week high of $126.87 and a 52-week low of $82.87.

Related Links:

BofA Says Hasbro Stock Is A Long-Term Play

Hasbro Shares Fall On Q3 Earnings, Sales Miss


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNews