PAWTUCKET, Rhode Island — Hasbro Inc. (HAS) on Monday reported fourth-quarter earnings of $175.8 million.
The Pawtucket, Rhode Island-based company said it had net income of $1.39 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The toy maker posted revenue of $1.47 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $1.36 billion.
For the year, the company reported profit of $451.8 million, or $3.57 per share. Revenue was reported as $4.45 billion.
Hasbro shares have risen 10 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased 8 percent. The stock has increased 33 percent in the last 12 months.
Keywords: Hasbro, Earnings Report