6:01 PM · 26 October 2020

Hasbro stock fell 10% despite strong Q3 results

Hasbro
Stocks
HAS.US, Hasbro Inc
-
-
Hasbro (HAS.US) stock plunged today despite the fact that company reported better than expected quarterly results. Toy maker earned $1.88 per share on revenue of $1.78 billion while analysts' were expected earnings of $1.63 per share on revenue of $1.74 billion. E-commerce revenue jumped 50%. Revenue in the U.S. and Canada climbed 9%, although international sales missed expectations. However, overall sales declined 4% year over year. Furthermore weak performance of the TV, film and entertainment division, whose revenues decreased by 32%, also dragged the stock down.
Hasbro (HAS.US) stock launched today's session with a bearish price gap and that the downward move is being continued. Price is approaching major support at $81.80 which is additionally strengthened by 50 SMA (green line). Should sellers manage to break below, then  another downward impulse could be launched. The nearest support for buyers lies at the upward trendline that also coincides with  200 SMA (red line). Source: xStation5
22 October 2025, 4:34 PM

Those Stocks Scared Investors Ahead Of This Halloween🎃 — Market Losers of 2025

22 October 2025, 3:47 PM

IBM Earnings Preview: Will grandfather of IT industry deliver expectations?

22 October 2025, 3:41 PM

Teledyne Technologies – Strong results but shares fall over 5%

22 October 2025, 2:57 PM

Texas Instruments tumbles down after earnings, what went wrong?

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits