3 Reasons Investors Overreacted to Hasbro's Third Quarter Results

John Ballard, The Motley Fool
·4 min read
3 Reasons Investors Overreacted to Hasbro's Third Quarter Results
3 Reasons Investors Overreacted to Hasbro's Third Quarter Results

Hasbro's (NASDAQ: HAS) stock price fell sharply following the third-quarter earnings report. Investors didn't seem to like the weakness in revenue performance, mostly as a result of production delays in entertainment and film. Hasbro reported revenue of $1.78 billion for the third quarter, representing a decline of 4% year over year on an adjusted basis.