Hasbro's Earnings Preview.
Friday, October 20th, 2006 1:46pm CDTCategory: Company News
Posted by: Raymond T. Views: 11,312
BY THE NUMBERS: Wall Street expects Hasbro to report earnings of 50 cents per share on $963.4 million in projected sales, according to Thomson Financial, The company did not provide any financial forecast in its July quarterly earnings release.
WHAT'S AHEAD: Earlier this year, Hasbro said it completed a licensing agreement with Marvel Entertainment Inc. giving it toy and game rights to Marvel's Super Hero franchises including Spider-Man, Fantastic Four, X-Men and Captain America. The five-year gives Hasbro the right to bring those toys and games to retail starting Jan. 1, 2007.
STOCK PERFORMANCE: Hasbro shares recently traded around $23.30 on the NYSE and have gained 22 percent over the quarter.
See the complete report in their article.