Monday, July 23, 2007

Hasbro profit beats views on Transformers demand

(Reuters) - Excluding the charge, earnings rose to $41.3 million, or 24 cents a share. Analysts on average were expecting 18 cents a share, according to Reuters Estimates.




Revenue climbed 31 percent to $691.4 million from $163.6 million due to strong sales of the Littlest Pet Shop, Nerf and Playskool toys. The analysts' average estimate was $647.76 million.


Read more at Reuters.com Business News

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