Hasbro’s Magic Keeps Wall Street Looking at the Stock
Hasbro Inc beat forecasts for revenue and adjusted earnings in the first quarter, the company said Wednesday. Magic: The Gathering and other digital titles drove demand, even as a cybersecurity issue led to a delay in the full results. Hasbro posted $1 billion in revenue, topping LSEG's $964.38 million consensus. Adjusted EPS was $1.47, more than the $1.13 expected.