Hasbro, Inc. (HAS)
After hours:
| Previous close | 61.52 |
| Open | 62.45 |
| Bid | 63.76 x 400 |
| Ask | 63.87 x 300 |
| Day's range | 61.25 - 63.89 |
| 52-week range | 42.66 - 73.58 |
| Volume | |
| Avg. volume | 1,826,934 |
| Market cap | 8.889B |
| Beta (5Y monthly) | 0.61 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -7.47 |
| Earnings date | 24 Oct 2024 - 28 Oct 2024 |
| Forward dividend & yield | 2.80 (4.55%) |
| Ex-dividend date | 30 Apr 2024 |
| 1y target est | 71.17 |
StockStoryWhy Hasbro (HAS) Stock Is Up Today
Shares of toy and entertainment company Hasbro (NASDAQ:HAS) jumped 9.3% in the afternoon session after the company reported a "beat and raise" quarter. Second-quarter earnings blew past analysts' revenue and EPS expectations. Moving on, it upgraded its full-year revenue guidance, which is a sign of confidence in the near-term demand for its offerings. Notably, the company raised full year 2024 guidance across key operating segments. Adjusted EBITDA was also raised. Zooming out, this was an impre
- Yahoo Finance Video
How 'kidults' helped Hasbro's earnings this quarter
Hasbro (HAS) posted better-than-expected earnings for its second quarter with adjusted earnings of $1.22 per share against an expected $0.78. Some of those earnings are due in part to Hasbro's increased digital gaming presence. The Toy Book Editor-In-Chief James Zahn joins Wealth! to give insight into Hasbro's earnings and what investors can expect in the toy and retail sector moving forward. Zahn comments on the demand coming from Adults for games: "The adult audience has always been there for toys... But we really hit this point during the pandemic where folks were reconnecting with the stuff that they were into as kids. So now we have an industry where about 25% of all of the toys and games sold are for an adult audience. On Hasbro's earning call this morning, Chris Cocks, the CEO, mentioned that about 60% of Hasbro's revenue is coming from consumers that are ages 13 and up. So what we've seen is a swing of older kids and grown ups and teens and tweens. They're reconnecting with play and in new ways." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
