Will Hasbro Miss Earnings Like Mattel Did?

Jul.20.14 | About: Hasbro, Inc. (HAS)

Summary

Hasbro is set to report FQ2 2014 earnings before the market opens on Monday, July 21st.

This quarter 13 contributing analysts on Estimize.com have come to a consensus earnings expectation of 35c EPS and $835.44M in revenue compared to a consensus of 37c EPS and $842.84M from Wall Street.

The Estimize community is expecting Hasbro to miss the Wall Street consensus on both EPS and revenue.

Hasbro (NASDAQ:HAS) is set to report FQ2 2014 earnings before the market opens on Monday, July 21st. Last quarter toy and board game producer Hasbro comfortably topped earnings estimates while coming in a few million dollars behind revenue forecasts. Here's what investors are expecting from Hasbro's next earnings report. Click to enlarge

This quarter 13 contributing analysts on Estimize.com have come to a consensus earnings expectation of 35c EPS and $835.44M in revenue compared to a consensus of 37c EPS and $842.84M from Wall Street. The Estimize community is expecting Hasbro to miss the Wall Street consensus on both EPS and revenue.

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Last week fellow toy maker, Mattel (NASDAQ:MAT), missed the Estimize consensus by a wide margin on both the top and bottom line. Contributing analysts on Estimize have made bearish estimates on the toymakers this quarter and are expecting Hasbro to miss its earnings forecast from the Street too.

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Estimize.com ranks and allows the sorting of analysts by accuracy, the analyst with the lowest error rate on Hasbro is anonymous user justingo0820. Over 2 previously scored estimates on Hasbro justingo0820 has averaged an error rate of 8.2%. Estimize is completely open and free for anyone to contribute, and the base of contributing analysts on the platform includes hedge fund analysts, asset managers, independent research shops, non-professional investors, and students.

The Estimize consensus was more accurate than the Wall Street consensus 65% of the time last quarter on the coverage of nearly 1000 stocks. A combination of algorithms ensures that the data is not only clean and free from people attempting to game the system, but also weighs past performance and many other factors to gauge future accuracy.

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Contributing analysts on the Estimize.com platform are forecasting that on Monday Hasbro will report earnings 2c behind Wall Street's EPS forecast and miss the Street's revenue consensus by $7 million (1%). While the Estimize community is predicting that Hasbro will follow suit with Mattel and miss the Wall Street earnings consensus, the community still believes that Hasbro will grow earnings by 6c (21%) compared to the 29c reported in the same quarter of last year.

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