Hasbro topped expectations in Q4

February 08, 2021
Hasbro topped expectations in Q4

The toymaker saw its earnings figures increase in the midst of the pandemic

The American conglomerate which owns Monopoly, My little pony, Transformers, to name a few, posted fourth-quarter earnings that topped estimates.

Hasbro reported an EPS of $1.27 on revenues of $1.72 billion. The figures came in higher than the $1.14 per share and $1.69 billion in revenues forecasted by the market. The good numbers resulted from the increased demand on board games and “Magic: The Gathering” collectable cards.

Following the news, Hasbro stock price added 1.2%. Year-to-date, its stock price went up 4%. At the same time, TECH100 added 7.51%.

Later this week, Disney is set to deliver its quarterly figures. Keep an eye on the market with ClickTrades.com!

Source: investing.com

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