Below are the key financial results for Hasbro Inc. (HAS) for the third quarter:
- Net earnings were reported at $223.2 million, a significant turnaround from the loss of $171.1 million in the same period the previous year.
- Earnings per share (EPS) stood at $1.59, compared to a negative $1.23 in the prior year's third quarter.
- After adjustments for certain items, Hasbro Inc. achieved an adjusted profit of $243.6 million, or $1.73 per share.
It's worth noting that analysts had forecasted earnings of $1.28 per share.
Regarding revenue, Hasbro recorded $1.281 billion for the third quarter, down from $1.503 billion in the same period last year.
