Hasbro (HAS) Misses Q2 EPS by 7c; Revenues Beat

Hasbro (NASDAQ: HAS) reported Q2 EPS of $0.49, $0.07 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.11 billion.

GUIDANCE:

• Revenue decline of 3-6% driven by the Entertainment Segment.
• Adjusted EBITDA approximately flat with 2022 adjusted EBITDA
• Operating Cash Flow of $600 to $700 million.

For earnings history and earnings-related data on Hasbro (HAS) click here.

You May Also Be Interested In

• UBS Reiterates Buy Rating on Hasbro (HAS) on FY Upside Potential Despite Unchanged Guide
• Accenture tumbles 16% on guidance cut; announces Dragos, runZero, NetRise deals
• Vail Resorts taps bankers for potential activist defense, Semafor reports