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GoLocalProv | Business | NEW: Hasbro Outperforms Analyst Expectations by 133%
2015-04-20 17:54:03| Toys - Topix.net
Pawtucket's Hasbro Inc. posted strong revenue and profit first quarter reports today, resulting in shares gaining 6.2% in premarket trading. Hasbro posted a profit of $26.7 million, or 21 cents a share.
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Toy story: Hasbro up 12% on profit beat
2015-04-20 14:43:58| Toys - Topix.net
Steven Leon demonstrates the Transformers: Robots in Disguise Super Bumblebee by Hasbro at the North American International Toy Fair on Feb. 14 in New York. Shares of toymaker Hasbro, sellers of brands such as Transformers, Nerf, Monopoly and Play-Doh, soared 8% in pre-market trading after topping profit and revenue forecasts.
Hasbro excels in a hard time for toymakers, Transformers help overcome forces of strong dollar
2015-04-20 14:43:57| Toys - Topix.net
The toymaker, weighed down by the strong U.S. currency and battling a shift toward video games and other non-traditional toys, topped Wall Street expectations and shares jumped almost 8 percent before the opening bell Monday. Hasbro reported a 17 percent drop in profit to $26.7 million, or 21 cents per share, compared with $32.1 million, or 24 cents a share, a year earlier.
Hasbro Beats the Street in 1Q
2015-04-20 14:43:56| Toys - Topix.net
Hasbro Inc. posted better-than-expected revenue and profit in its first quarter, as the toy maker logged growth despite foreign exchange impacts. Hasbro's upbeat results come at a tough time for the toy industry, as children turn away from traditional toys to electronic games and consumer electronics.
Investors Should Remain Cautious Of Hasbro
2015-04-19 07:56:21| Toys - Topix.net
As earnings near, it may be tempting to buy shares of Hasbro, despite the fact that they are trading near their 52-week high. In recent years, the business has done well, but with analysts having low expectations, this should serve as a concern.
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