- Hasbro’s net revenue for the first quarter was $887.1 million, surpassing the estimated $769.2 million.
- Consumer Products division brought in $398.3 million, exceeding the estimate of $384 million.
- The Wizards of the Coast and Digital Gaming division achieved net revenue of $462.1 million, considerably higher than the forecasted $354 million.
- Entertainment division reported $26.7 million in revenue, topping the expectation of $24.9 million.
- Hasbro’s earnings per share (EPS) stood at 70 cents.
- Adjusted EBITDA was $274.3 million, well above the projected $199.2 million.
- The adjusted operating margin was an impressive 25.1%, surpassing the anticipated 19.9%.
- The company attributes this strong performance to a strategic focus on higher-margin businesses.
- Gina Goetter, CFO and COO, highlighted the ongoing progress towards the $1 billion cost savings objective, mentioning the key role of Wizards, licensing, and an asset-light model in maintaining healthy margins despite tariff challenges.
- In pre-market trading, Hasbro’s shares rose by 4.4% to $55.00 with 4,899 shares traded.
- Analyst recommendations included 11 buys, 3 holds, and 0 sells.
Hasbro Inc on Smartkarma
Analyst coverage of Hasbro Inc. on Smartkarma has been insightful, with reports from Baptista Research shedding light on the company’s recent performance and future prospects. In their report titled “Hasbro Inc.: Expansion in Self-Published Video Games to Drive Sustainable Long-Term Profitability!”, Baptista Research discussed Hasbro’s diversified revenue streams, particularly emphasizing the positive impact of Wizards of the Coast and Digital Games segment on the company’s operational dynamics. Despite facing challenges in certain segments, Hasbro achieved significant financial milestones, indicating a mix of outcomes for the company.
Furthermore, in another report by Baptista Research titled “Hasbro Inc.: Will The Recent Diversification and Innovation in Product Lines Catalyze Growth? – Major Drivers”, the analysts highlighted the mixed results from Hasbro’s third quarter 2024 earnings, showcasing both successes and areas of challenge within the company’s diverse portfolio. The report underscored the robust performance of gaming and licensing, with a particular focus on MAGIC: THE GATHERING and Dungeons and Dragons (D&D) segments, which maintained resilience and exhibited high profitability margins in tentpole releases and digital platforms. These reports provide valuable insights for investors evaluating Hasbro’s investment potential.
A look at Hasbro Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Hasbro Inc, a renowned company in the toy and entertainment industry, has received a promising outlook based on Smartkarma Smart Scores. With above-average ratings in Dividend, Momentum, and Resilience, the company demonstrates stability and potential for growth. Its strong focus on dividends and positive market momentum indicate a favorable position for investors looking for steady returns.
Despite scoring lower in Value and Growth, Hasbro Inc‘s overall outlook remains positive, supported by its diverse portfolio of toys, games, and interactive products. The company’s ability to adapt to market trends and maintain resilience in challenging times further solidifies its long-term prospects in the toy industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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