Investing.com - Hasbro (NASDAQ:HAS) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.21 on revenue of $732.5M. Analysts polled by Investing.com forecast EPS of $-0.1 on revenue of $667.2M. That compared to EPS of $0.1 on revenue of $716.34M in the same period a year earlier. The company had reported EPS of $1.33 on revenue of $1.39B in the previous quarter.
Hasbro follows other major Consumer Cyclical sector earnings this month
On Monday, WW Grainger reported first quarter EPS of $4.51 on revenue of $2.8B, compared to forecasts of EPS of $4.45 on revenue of $2.88B.
Genuine Parts earnings missed analysts' expectations on Thursday, with first quarter EPS of $1.28 on revenue of $4.74B. Investing.com analysts expected EPS of $1.3 on revenue of $4.79B
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