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Hasbro, Inc. (NASDAQ:HAS) will release earnings results for the third quarter, before the opening bell on Thursday, Oct. 23.
Analysts expect the Pawtucket, Rhode Island-based company to report quarterly earnings at $1.63 per share, down from $1.73 per share in the year-ago period. The consensus estimate for Hasbro's quarterly revenue is $1.35 billion, compared to $1.28 billion a year earlier, according to data from Benzinga Pro.
On Sept. 8, Hasbro and Disney Consumer Products, Inc., the retailing and licensing subsidiary of the Disney Experiences segment of The Walt Disney Company (NYSE:DIS), announced an expanded collaboration that will bring Disney characters into Hasbro's iconic PLAY-DOH brand.
Shares of Hasbro rose 0.4% to close at $75.16 on Wednesday.
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