WASHINGTON (dpa-AFX) - Toy and board game company Hasbro, Inc. (HAS) reported Monday net earnings attributable to Hasbro for the first quarter of $116.2 million or $0.84 per share, compared to a net loss of $69.7 million or $0.51 per share in the year-ago period.
Excluding items, adjusted earnings for the quarter were $1.00 per share. On average, 15 analysts polled by Thomson Reuters expected earnings of $0.65 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter increased 1 percent to $1.11 billion from the year-ago period. Analysts expected revenues of $1.17 billion for the quarter.
The next quarterly cash dividend of $0.68 per common share is payable on May 17, 2021 to shareholders of record at the close of business on May 3, 2021.
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