Back to top

Image: Bigstock

Your Two Minute Earnings Preview for Hasbro (HAS) Stock

Read MoreHide Full Article

Today’s quick video takes a closer look at Hasbro (HAS - Free Report) stock ahead of their earnings report. This company has struggled a bit this year in terms of its stock price, even though it has several strong brands. In fact, shares are quickly approaching 2016 lows, so investors will need a solid report to turn this trend around.

The good news for HAS is that it has an excellent track record in earnings season, and it hasn’t missed estimates since 2014. This shows that the company has an excellent ability to manage expectations, and it is part of the reason why HAS currently has a Zacks Rank #2 (buy). We should also note that HAS just moved out of hold territory within the past week, and that the company also has a strong fundamental picture.

Still, it has been a bit of a struggle for HAS to grow earnings, and the consensus estimate is basically flat. Especially troubling is a negative Earnings ESP, at -1.1%, which suggests that the most recent earnings estimates have been a bit lower. This is something that investors definitely don’t want to see heading into a report, and it might mean that it could be a rockier report than you might think given its ‘buy’ rating.

HASBRO INC Price, Consensus and EPS Surprise

HASBRO INC Price, Consensus and EPS Surprise | HASBRO INC Quote

Hasbro reports on October 17th before the bell, and we are looking for earnings of $1.74/share. Make sure to watch the video for a quick guide to HAS heading into the report, but if you want to learn more about trading in earnings season, check out our podcast below:


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Hasbro, Inc. (HAS) - free report >>