Shares of Hasbro, Inc. (NASDAQ: HAS) were down 1% on Thursday. The stock has gained 24% in the past three months. The toy giant is slated to report its earnings results for the fourth quarter of 2025 on Tuesday, February 10, before the market opens. Here’s a look at what to expect from the earnings report:
Revenue
Analysts are projecting revenue of $1.26 billion for Hasbro in the fourth quarter of 2025, which indicates a 14% increase from the same period a year ago. In the third quarter of 2025, revenues increased 8% year-over-year to $1.38 billion.
Earnings
The consensus estimate for earnings per share in Q4 2025 is $0.95, which compares to adjusted EPS of $0.46 reported in the year-ago quarter. In Q3 2025, adjusted EPS declined 3% YoY to $1.68.
Points to note
Hasbro’s top line is expected to gain from benefits yielded by the company’s Playing to Win strategy, which focuses on high-growth, high-margin segments. Operational efficiencies and productivity gains are expected to help the bottom line.
The Wizards of the Coast and Digital Gaming segment is anticipated to continue its momentum led by MAGIC: THE GATHERING, which is benefiting from new player acquisitions and collaborations with gaming and entertainment brands. This traction is likely to have continued in the fourth quarter, with gains from the releases of The Last Airbender and Final Fantasy’s holiday set along with continued momentum in Secret Lair & backlist offerings.
The Consumer Products division is expected to see a rebound in the fourth quarter, due to retailer shifts and anticipated gains from the holiday season. The segment is expected to benefit from the strong performances of brands like PEPPA PIG, BEYBLADE and GI JOE, as well as Marvel’s content lineup, and new products like NANO-MALS.
Hasbro’s Toys business is expected to benefit from the company’s efforts in rolling out new products, and its tie-ups with entertainment brands, which provide further room for innovation and expansion. Its diversified digital initiatives and strategic partnerships are anticipated to help drive long-term growth.
