Hasbro (NASDAQ:HAS) reported fourth quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.33 on revenue of $1.39B. Analysts polled by forecast EPS of $1.68 on revenue of $1.52B. That compared to EPS of $2.3 on revenue of $1.79B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $1.57B in the previous quarter.
Hasbro follows other major Consumer Cyclical sector earnings this month
On Wednesday, Toyota Motor ADR reported third quarter EPS of $1.14 on revenue of $71.04B, compared to forecasts of EPS of $3.73 on revenue of $68.03B.
General Motors earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $1.43 on revenue of $38.4B. analysts expected EPS of $1.24 on revenue of $36B
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