Investing.com - Hasbro (NASDAQ:HAS) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Hasbro announced earnings per share of $1.96 on revenue of $1.97B. Analysts polled by Investing.com anticipated EPS of $1.7 on revenue of $1.97B.
Hasbro shares are down 11% from the beginning of the year, still down 15.62% from its 52 week high of $104.88 set on July 26. They are under-performing the S&P 500 which is up 21.58% from the start of the year.
Hasbro follows other major Consumer Cyclical sector earnings this month
Hasbro's report follows an earnings beat by Tesla on October 20, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
Autoliv Inc. SDB had missed expectations on Friday with third quarter EPS of $6.25 on revenue of $15.82B, compared to forecast for EPS of $7.01 on revenue of $16.28B.
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