Hasbro closed higher, expected growth in earnings, revenue decrease

From Nasdaq: 2024-06-07 18:00:11

Hasbro (HAS) closed at $58.45 with a +0.1% increase, outperforming the S&P 500. Analysts expect earnings of $0.74 per share, a 51.02% growth. Revenue is estimated at $938.32 million, a 22.45% decrease. With a Zacks Rank of #1, Hasbro reveals potential for positive growth based on estimate revisions.
Investors should note Hasbro’s current valuation metrics with a Forward P/E ratio of 15.97 and a PEG ratio of 0.93, signaling discount and strong growth potential. The Toys – Games – Hobbies industry ranks in the top 36% of all industries with a Zacks Industry Rank of 89. Industry strength is measured by the Zacks Industry Rank.
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Read more at Nasdaq: Why the Market Dipped But Hasbro (HAS) Gained Today