Investing.com - Hasbro (NASDAQ:HAS) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hasbro announced earnings per share of $1.05 on revenue of $1.32B. Analysts polled by Investing.com anticipated EPS of $0.481 on revenue of $1.16B.
Hasbro shares are down 1% from the beginning of the year, still down 8.66% from its 52 week high of $101.17 set on January 14. They are under-performing the Nasdaq which is up 15.12% from the start of the year.
Hasbro follows other major Consumer Cyclical sector earnings this month
Hasbro's report follows an earnings beat by Pool on Thursday, who reported EPS of $6.18 on revenue of $1.79B, compared to forecasts EPS of $5.49 on revenue of $1.73B.
Genuine Parts had beat expectations on Thursday with second quarter EPS of $1.74 on revenue of $4.78B, compared to forecast for EPS of $1.54 on revenue of $4.33B.
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