Investing.com - Hasbro reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.84 on revenue of $1.58B. Analysts polled by Investing.com expected EPS of $2.21 on revenue of $1.72B. That compared to EPS of $1.93 on revenue of $1.57B in the same period a year earlier. The company had reported EPS of $0.78 on revenue of $984.54M in the previous quarter.
Hasbro follows other major Consumer Cyclical sector earnings this month
On September 24, Nike reported first quarter EPS of $0.86 on revenue of $10.66B, compared to forecasts of EPS of $0.7 on revenue of $10.44B.
AutoZone earnings beat analysts' expectations on September 24, with fourth quarter EPS of $22.59 on revenue of $3.75B. Investing.com analysts expected EPS of $21.77 on revenue of $3.93B
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