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Hasbro's Earnings Preview.

Hasbro's Earnings Preview.

Friday, October 20th, 2006 1:46pm CDT

Category: Company News
Posted by: Raymond T.   Views: 11,312
Chron.com has reported on previewing the third fiscal year for Hasbro Inc.'s earnings.

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.

Credit(s): www.chron.com

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