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Hasbro Misses Earnings on the Top Line

Hasbro Inc. (NASDAQ: HAS) reported its third-quarter financial results before the markets opened on Monday. The company had $1.58 in earnings per share (EPS) on $1.47 billion in revenue. That compared to consensus estimates from Thomson Reuters of $1.52 in EPS on revenue of $1.48 billion. In the same period of the previous year, it reported EPS of $1.46 and $1.47 billion in revenue.

Revenues from the United States and Canada segments increased 5% during the third quarter, compared to the International segment revenues that grew 14%. Separately, Entertainment and Licensing Segment net revenues declined 2% to $52.1 million, compared to $53.4 million in 2014.

The company returned a total of $83.5 million to...