Hasbro’s preliminary 2011 profit trails analysts’ estimates

 

Hasbro Inc., the world’s second-largest toymaker, reported preliminary full-year earnings per share that trailed analysts’ estimates after sales growth in the fourth quarter was weaker than expected.

Profit in 2011 may have risen as much as 4 percent to $2.85 per share, the Pawtucket-based company said today in a statement. Analysts projected $2.87, the average of 11 estimates compiled by Bloomberg.

 

Full Story: Hasbro’s preliminary 2011 profit trails analysts’ estimates Source: Providence Business News, January 19th, 2012 Author: James Callan

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