Hasbro beats by $0.29, beats on revs :
- Reports Q3 (Sep) earnings of $2.03 per share, $0.29 better than the Capital IQ Consensus of $1.74; revenues rose 14.2% year/year to $1.68 bln vs the $1.55 bln Capital IQ Consensus.
- Third quarter 2016 revenues grew in all major operating segments: The U.S. and Canada segment increased 16%; International segment increased 13%, including a negative $3.0 mln impact of foreign exchange; The Entertainment and Licensing segment increased 8%. International segment net revenues increased 13% to $690.7 mln compared to $612.6 mln in 2015.
- Revenues grew in the Boys, Girls and Preschool categories, and was flat in the Games category. On a regional basis, Europe grew 16%, Latin America increased 9%, and Asia Pacific was up 1%.
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