Hasbro: 4th quarter earnings snapshot

PAWTUCKET, R.I. — Hasbro Inc. today reported fourth-quarter earnings of $105.2 million.

On a per-share basis, the company said it had net income of 76 cents. Earnings, adjusted for one-time gains and costs, were $1.27 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The toy maker posted revenue of $1.72 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.7 billion.

For the year, the company reported profit of $222.5 million, or $1.62 per share. Revenue was reported as $5.47 billion.

Hasbro shares have increased 4% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 3.5%. The stock has fallen 5% in the past 12 months.

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