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Hasbro fireworks expected tomorrow morning

Published 02/06/2018, 02:36 PM
© Reuters.  Hasbro fireworks expected tomorrow morning
MAT
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HAS
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  • Hasbro (HAS +1.6%) is due to dole out a highly-anticipated earnings report for the quarter that includes holiday sales.
  • EPS of $1.81 is expected out of the toy company, although some sorting out of tax reform benefits will need to be factored in.
  • Analysts also expect Hasbro to report sales of $1.72B and a gross margin rate of 60.9%.
  • Commentary from Hasbro management could help investors determine if the company is leaning toward M&A or capital allocation via shares and buybacks with tax savings and/or repatriated cash. There's also the Toys "R" Us wildcard that needs some clearing up.
  • In past quarters, Hasbro has traded with some extra volatility after earnings.
  • Sources; CNBC, Bloomberg
  • Now read: Children Are Giving Cable TV And Cinemas A Miss And This Is Bad News For Both Hasbro And Mattel (NASDAQ:MAT)


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