Hasbro (NASDAQ:HAS) Releases Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Hasbro (NASDAQ:HAS) released its quarterly earnings results on Wednesday. The company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.27, Briefing.com reports. Hasbro had a positive return on equity of 172.27% and a negative net margin of 4.62%.The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $969.20 million. During the same period last year, the business posted $1.04 EPS. The company’s revenue for the quarter was up 12.7% on a year-over-year basis.

Here are the key takeaways from Hasbro’s conference call:

• Hasbro delivered a strong Q1 with revenue up 13% year over year to $1.0 billion, adjusted operating profit up 29%, and adjusted EPS up 41%, driven primarily by Wizards of the Coast.
• Magic: The Gathering momentum remains exceptional, with Lorwyn Eclipsed becoming the best-selling premier set ever, strong backlist demand, and record engagement across organized play and MagicCon events.
• Hasbro reaffirmed full-year guidance, including 3%-5% constant-currency revenue growth, 24%-25% adjusted operating margin, and $1.4 billion-$1.45 billion of adjusted EBITDA, despite macro and cyber-related uncertainty.
• Consumer Products was stable but facing temporary disruptions; management said POS trends were positive, but a March cyber incident is expected to delay $40 million-$60 million of revenue from Q2 into the back half of 2026.
• Cost pressures remain a headwind, including about $30 million of oil-related freight, resin, and packaging costs in 2026, though Hasbro said it is offsetting part of this with tariffs, productivity actions, and pricing/mix.

Hasbro Price Performance

Shares of NASDAQ HAS traded down $0.29 during midday trading on Thursday, reaching $88.31. The stock had a trading volume of 316,869 shares, compared to its average volume of 1,897,609. The company has a market capitalization of $12.49 billion, a price-to-earnings ratio of -37.58, a price-to-earnings-growth ratio of 2.84 and a beta of 0.52. Hasbro has a 12-month low of $64.74 and a 12-month high of $106.98. The stock has a 50-day moving average of $93.33 and a 200-day moving average of $89.31. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.65.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, June 1st will be paid a $0.70 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.2%. Hasbro’s dividend payout ratio is -119.15%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on HAS shares. Roth Mkm set a $120.00 target price on Hasbro in a report on Wednesday, February 11th. Wall Street Zen lowered shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. UBS Group raised their price objective on shares of Hasbro from $99.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Morgan Stanley upped their target price on shares of Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Jefferies Financial Group increased their price target on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $113.79.

Insiders Place Their Bets

In related news, CEO Christian P. Cocks sold 196,411 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $100.33, for a total value of $19,705,915.63. Following the completion of the transaction, the chief executive officer owned 303,310 shares of the company’s stock, valued at approximately $30,431,092.30. This represents a 39.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Hasbro

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of Hasbro by 128.7% in the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock worth $220,089,000 after buying an additional 1,677,962 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Hasbro by 47.3% during the 4th quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock worth $357,286,000 after acquiring an additional 1,399,499 shares in the last quarter. Amundi lifted its position in Hasbro by 55.5% during the fourth quarter. Amundi now owns 1,403,288 shares of the company’s stock valued at $115,070,000 after purchasing an additional 501,117 shares during the last quarter. Deutsche Bank AG lifted its position in Hasbro by 45.7% in the fourth quarter. Deutsche Bank AG now owns 1,583,182 shares of the company’s stock worth $129,821,000 after buying an additional 496,337 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in Hasbro by 178.9% during the third quarter. BNP Paribas Financial Markets now owns 522,446 shares of the company’s stock valued at $39,628,000 after acquiring an additional 335,128 shares during the last quarter. 91.83% of the stock is owned by institutional investors.

More Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro delivered a strong Q1 earnings beat, reporting EPS of $1.47 versus expectations of about $1.20, and revenue of $1.0 billion versus estimates of $969.2 million. Revenue rose 12.7% year over year, helped by strength in Wizards of the Coast and digital gaming, especially Magic: The Gathering. Reuters article
• Positive Sentiment: The company said digital games and Wizards drove the quarter, reinforcing that its higher-margin gaming segment remains a key growth engine for Hasbro. WSJ article
• Neutral Sentiment: Hasbro announced a quarterly dividend of $0.70 per share, which may support the stock for income-focused investors but is not the main driver of today’s trading. Business Wire article
• Negative Sentiment: Shares sold off because investors were disappointed that Hasbro maintained its full-year revenue growth outlook of 3%-5% and adjusted EBITDA guidance of $1.40 billion-$1.45 billion instead of raising it after the beat. Boston Globe article
• Negative Sentiment: Management also flagged a cybersecurity-related delay in Q2 and the cancellation of a Dungeons & Dragons game, adding to uncertainty around near-term growth and product pipeline execution. TipRanks article

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.