Stock Watch:3rd QTR Earnings Preview for HASBRO

Friday, October 17th, 2008 2:08PM CDT

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In a report earlier today by Seeking Alpha (a stock anaylst website) the projected earnings report for HASBRO, Inc. (HAS NYSE) has been posted.

According to the report "Analysts are looking for a profit of 86c on revenue of $1.26B. The consensus range is 73c to 94c for EPS, and revenue of $1.16B to $1.31B".

In a nutshell, the outlook is good for the Transformers creator's quarterly financial gains despite current economic stresses and a projected cut down on "discretionary spending" by consumers.

Analysts are also predicting that Transformers: Revenge of the Fallen will generate even more revenue than the first film in both box office and toy sales, keeping HASBRO at a higher gain.

As previously reported, HASBRO is set to webcast its 3rd quarter earnings report on Monday, October 20th, 2008 at 8:30 A.M. EST.

To view the full report, click here.

Credit(s): SearchingAlpha.com