⁍ Hasbro’s net revenue rose to $1.78 billion from $1.58 billion in the third quarter ended Sept. 27.
⁍ The company’s net revenue beat analysts’ average estimate of $1.75 billion.
– Hasbro’s third-quarter net revenue rose 4.5%, beating analysts’ average estimate of $1.75 billion, according to IBES data from Refinitiv. The company’s net revenue rose to $1.78 billion from $1.58 billion in the third quarter ended Sept. 27, Reuters reports. The Pawtucket, RI-based toymaker says it expects fourth-quarter revenue to be in the range of $1.8 billion to $1.9 billion.
Source: https://www.reuters.com/article/hasbro-results/hasbro-beats-quarterly-revenue-estimates-idUSL4N2HH2HE