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Jim Cramer On Hasbro's Earnings: Will Anyone Care About 'Great' Quarter?

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Jim Cramer On Hasbro's Earnings: Will Anyone Care About 'Great' Quarter?

Jim Cramer discussed Hasbro, Inc. (NASDAQ: HAS)'s quarterly results during Monday's "Mad Dash" segment.

Cramer was quick to point out that Hasbro's report marks a "great" quarter after reporting a disappointing second quarter back in July. At that time, the company took a cautious tone towards its product lines that is sold to girls.

Related Link: Investors Cheer Hasbro's 'Greatest Revenue And Earnings Quarter' Ever

Cramer went on to point out that Hasbro's stock hasn't recovered its losses following its second quarter report. In fact, Cramer highlighted this is an ongoing trend among many companies that "report a great quarter but [their stock] does not get back to even."

Cramer said Hasbro has now reported a "great" third quarter but questioned if "anyone will care." After all, Hasbro did report "a big upside surprise and things are really great" at the company so why aren't investors paying more attention?

CNBC's David Faber did point out to Cramer that Hasbro's stock was higher by nearly 5 percent during his segment.

"Let's see if it stays," Cramer responded "Do you remember how strong the bank stocks were ahead of the open [on Friday.] They folded."

Posted-In: CNBC hasbro Hasbro Earnings The Mad Dash Jim CramerMovers Media Best of Benzinga

 

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