Market Overview

A Preview Of Hasbro's Earnings


On Monday, October 26, Hasbro (NASDAQ: HAS) will release its latest earnings report. Decipher the announcement with Benzinga's help.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect Hasbro earnings of $1.62 per share. Revenue will likely be around $1.73 billion, according to the consensus estimate. Hasbro EPS in the same period a year ago totaled $1.84. Sales were $1.57 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Monday, earnings would be down 11.96%. Sales would be up 9.84% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.23 0.58 0.91 2.21
EPS Actual 0.02 0.57 1.24 1.84
Revenue Estimate 995.55 M 1.14 B 1.44 B 1.72 B
Revenue Actual 860.28 M 1.11 B 1.43 B 1.57 B

Stock Performance

Over the past 52-week period, shares of Hasbro have declined 5.03%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Hasbro is scheduled to hold the call at 08:30:00 ET and can be accessed here.


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Posted-In: Earnings