— Hasbro Inc. (NASDAQ: HAS) reported Q3 2019 earnings of $1.84 per share, vs. $2.21 expected.
— Revenues were $1.58 billion, vs. $1.72 billion expected.
— In August, Hasbro agreed to acquire Entertainment One for approx. GBP3.3billion. The transaction is expected to close in Q4 2019.
— Hasbro’s next quarterly cash dividend of $0.68 per common share is payable on November 15, 2019 to shareholders of record on November 1, 2019.
— HAS shares were down 14% in morning hours on Tuesday.
Listen to on-demand earnings calls and hear how management responds to analysts’ questions