BUZZ-Hasbro up after upbeat first-quarter results

Reuters
24 Apr
BUZZ-Hasbro up after upbeat first-quarter results

** Shares of toymaker Hasbro HAS.O up ~7% at $56.61 premarket

** Co beats Q1 revenue and adjusted EPS estimates, according to data compiled by LSEG

** Q1 revenue increased 17%, driven by 46% growth in the Wizards of the Coast and Digital Gaming segment, its largest

** Co maintains its annual outlook announced in February, cites uncertainty of current tariff environment

** Says strength of Wizards segment, licensing and an asset-light model continue to offset tariff pressures and support margins

** HAS has fallen ~6% YTD, as of last close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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