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

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

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

Hasbro stock traded up $0.16 during trading hours on Thursday, hitting $88.76. 448,780 shares of the stock were exchanged, compared to its average volume of 1,898,095. The stock has a market capitalization of $12.56 billion, a P/E ratio of -37.70, a P/E/G ratio of 2.84 and a beta of 0.52. The business’s 50-day moving average is $93.33 and its two-hundred day moving average is $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 has a 12 month low of $64.74 and a 12 month high of $106.98.

Hasbro Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Argus set a $105.00 price target on shares of Hasbro in a research report on Friday, March 13th. Weiss Ratings raised Hasbro from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 14th. Jefferies Financial Group upped their price objective on Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Roth Mkm set a $120.00 target price on Hasbro in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. boosted their price target on Hasbro from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Hasbro has a consensus rating of “Moderate Buy” and an average price target of $113.79.

Key Headlines Impacting Hasbro

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

Insider Activity

In other news, CEO Christian P. Cocks sold 196,411 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $100.33, for a total value of $19,705,915.63. Following the transaction, the chief executive officer directly owned 303,310 shares of the company’s stock, valued at $30,431,092.30. The trade was a 39.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Hasbro

A number of hedge funds and other institutional investors have recently bought and sold shares of HAS. University of Texas Texas AM Investment Management Co. bought a new position in Hasbro in the 4th quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new stake in shares of Hasbro during the second quarter worth $25,000. MUFG Securities EMEA plc acquired a new stake in shares of Hasbro in the second quarter valued at $28,000. Wexford Capital LP bought a new position in shares of Hasbro in the third quarter valued at about $37,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Hasbro by 36.7% in the second quarter. NewEdge Advisors LLC now owns 686 shares of the company’s stock valued at $51,000 after buying an additional 184 shares during the last quarter. 91.83% of the stock is owned by institutional investors and hedge funds.

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.