Hasbro (NASDAQ:HAS – Get Free Report) issued its earnings results on Wednesday. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.34, RTT News reports. The company had revenue of $757.30 million during the quarter, compared to analysts’ expectations of $739.84 million. Hasbro had a positive return on equity of 16.34% and a negative net margin of 29.77%. Hasbro’s quarterly revenue was down 24.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.01 EPS.
Hasbro Trading Up 11.9 %
HAS opened at $65.03 on Thursday. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.97 and a current ratio of 1.13. The business has a 50 day moving average of $53.88 and a 200-day moving average of $51.05. Hasbro has a 52 week low of $42.66 and a 52 week high of $73.57.
Hasbro Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date is Tuesday, April 30th. Hasbro’s payout ratio is presently -26.12%.
Wall Street Analysts Forecast Growth
Hasbro Company Profile
Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.
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