WASHINGTON (dpa-AFX) - Hasbro Inc. (HAS) revealed a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $233.2 million, or $1.64 per share. This compares with $223.2 million, or $1.59 per share, last year.
Excluding items, Hasbro Inc. reported adjusted earnings of $238.7 million or $1.68 per share for the period.
Analysts on average had expected the company to earn $1.63 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.3% to $1.387 billion from $1.281 billion last year.
Hasbro Inc. earnings at a glance (GAAP) :
-Earnings: $233.2 Mln. vs. $223.2 Mln. last year. -EPS: $1.64 vs. $1.59 last year. -Revenue: $1.387 Bln vs. $1.281 Bln last year.
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