Hasbro (HAS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

In its upcoming report, Hasbro (HAS) is predicted by Wall Street analysts to post quarterly earnings of $0.69 per share, reflecting an increase of 13.1% compared to the same period last year. Revenues are forecasted to be $769.7 million, representing a year-over-year increase of 1.6%.Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.With that in mind, let's delve into the average projections of some Hasbro metrics that are commonly tracked and projected by analysts on Wall Street.The average prediction of analysts places 'External Net Revenues- Entertainment' at $25.88 million. The estimate suggests a change of -7.6% year over year.The consensus among analysts is that 'External Net Revenues- Consumer Products' will reach $381.03 million. The estimate indicates a change of -7.7% from the prior-year quarter.The combined assessment of analysts suggests that 'External Net Revenues- Wizards of the Coast and Digital Gaming' will likely reach $365.56 million. The estimate points to a change of +15.6% from the year-ago quarter.It is projected by analysts that the 'Wizards of the Coast and Digital Gaming Net Revenues- Tabletop Gaming' will reach $260.70 million. The estimate indicates a year-over-year change of +14.2%.Analysts' assessment points toward 'Wizards of the Coast and Digital Gaming Net Revenues- Digital and Licensed Gaming' reaching $105.98 million. The estimate suggests a change of +20.3% year over year.According to the collective judgment of analysts, 'Operating profit (loss)- Wizards of the Coast and Digital Gaming' should come in at $165.38 million. The estimate compares to the year-ago value of $122.80 million.Analysts expect 'Operating profit (loss)- Corporate & Other segment' to come in at -$29.69 million. Compared to the present estimate, the company reported $34.50 million in the same quarter last year.Based on the collective assessment of analysts, 'Operating profit (loss)- Entertainment' should arrive at $2.42 million. Compared to the current estimate, the company reported $5.80 million in the same quarter of the previous year.View all Key Company Metrics for Hasbro here>>>Shares of Hasbro have demonstrated returns of -12.8% over the past month compared to the Zacks S&P 500 composite's -6.9% change. With a Zacks Rank #3 (Hold), HAS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hasbro, Inc. (HAS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks