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.
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!
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