Hasbro: tax reform leads to slight loss
(CercleFinance.com) - Hasbro has reported a Q4 2017 net loss of 5.
3 million dollars, or minus four cents per share, weighed on by a net charge of 296.5 million dollars related to the US tax reform.
Adjusted for extraordinary items, the toy group's EPS increased 40% y-o-y to 2.30 dollars, or about 50 cents more than the consensus.
Posting FY adjusted EPS of 5.46 dollars, Hasbro announced a 11% increase in its quarterly dividend to 63 cents per share, which will be paid in May.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 million dollars, or minus four cents per share, weighed on by a net charge of 296.5 million dollars related to the US tax reform.
Adjusted for extraordinary items, the toy group's EPS increased 40% y-o-y to 2.30 dollars, or about 50 cents more than the consensus.
Posting FY adjusted EPS of 5.46 dollars, Hasbro announced a 11% increase in its quarterly dividend to 63 cents per share, which will be paid in May.
Copyright (c) 2018 CercleFinance.com. All rights reserved.