Investing.com – Hasbro (NASDAQ:) reported on Monday second quarter that missed analysts’ forecasts and income that fell wanting expectations.
Hasbro introduced earnings per share of $0.02 on income of $860.3M. Analysts polled by Investing.com anticipated EPS of $0.22 on income of $988.01M.
Hasbro shares are down 26% from the start of the yr , nonetheless down 38.84% from its 52 week excessive of $126.87 set on July 30, 2019. They’re under-performing the Nasdaq which is up 15.5% from the beginning of the yr.
Hasbro follows different main Shopper Cyclical sector earnings this month
Hasbro’s report follows an earnings beat by Tesla on Wednesday, who reported EPS of $2.18 on income of $6.04B, in comparison with forecasts EPS of $Zero on income of $5.15B.
PACCAR had beat expectations on July 21 with second quarter EPS of $0.43 on income of $2.7B, in comparison with forecast for EPS of $0.three on income of $2.97B.
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