PAWTUCKET, R.I. (AP) — PAWTUCKET, R.I. (AP) — Hasbro Inc. (HAS) on Thursday reported third-quarter net income of $233.2 million.
The Pawtucket, Rhode Island-based company said it had net income of $1.64 per share. Earnings, adjusted for one-time gains and costs, were $1.68 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The toy maker posted revenue of $1.39 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAS at https://www.zacks.com/ap/HAS
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