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What to Expect From Hasbro Next Quarterly Earnings Report![]() Rhode Island-based Hasbro, Inc. (HAS) is a leading player in the global toy and entertainment industry with a market cap of $10.9 billion. The company develops and sells a diverse mix of classic toys, digital games, and licensed merchandise across a portfolio of iconic brands. Hasbro is slated to release its fiscal Q2 earnings for 2025 before the market opens on Wednesday, Jul. 23. Prior to this event, analysts project this toy company to report a profit of $0.77 per share, down 36.9% from $1.22 per share in the year-ago quarter. On the bright side, the company has surpassed Wall Street's bottom-line estimates in each of the last four quarters. For the full year, analysts expect HAS to report an EPS of $4.22, up 5.2% from $4.01 in fiscal 2024. Its EPS is expected to further grow 10.4% year over year to $4.66 in fiscal 2026. ![]() Hasbro has surged 35.3% over the past 52 weeks, surpassing both the S&P 500 Index's ($SPX) 11.9% rise, and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 15.4% gain over the same time frame. ![]() On July 1, Hasbro surged over 4% after The Goldman Sachs Group, Inc. (GS) upgraded the stock to "Buy" from "Neutral," setting a price target of $85. Wall Street analysts are moderately optimistic about Hasbro’s stock, with a "Strong Buy" rating overall. Among 11 analysts covering the stock, nine recommend "Strong Buy," one suggests a “Moderate Buy,” and one advises “Hold.” The mean price target for HAS is $78.09, indicating a 2% potential upside from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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