Investing.com - Hasbro reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Hasbro announced earnings per share of $1.96 on revenue of $1.97B. Analysts polled by Investing.com anticipated EPS of $1.7 on revenue of $1.97B.
Hasbro shares are down 11% from the beginning of the year , still down 15.62% from its 52 week high of $104.88 set on Monday, July 26, 2021. They are under-performing the S&P 500 which is up 21.58% year to date.
Hasbro follows other major Consumer Cyclical sector earnings this month
Hasbro's report follows an earnings beat by Tesla on Wednesday, October 20, 2021, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
Autoliv Inc. SDB had missed expectations on Friday with third quarter EPS of $6.25 on revenue of $15.82B, compared to forecast for EPS of $7.01 on revenue of $16.28B.
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