** Shares of Monopoly maker Hasbro HAS.O up 4.4% at $81 premarket as co raises annual revenue forecast after beating Q2 estimates
** Co expects annual revenue to be up mid-single digits in constant currency terms vs prior predictions to be up slightly
** Despite a dynamic macro environment, the strength of our diversified business and cost productivity initiatives support our updated outlook- Gina Goetter, Hasbro CFO and COO
** HAS also reports quarterly net revenue of $980.8 million vs analyst estimates of $880 million - data compiled by LSEG
** Posts Q2 adjusted earnings per share of $1.30, compared with analysts estimates of 78 cents
** Shares of peer Mattel MAT.O also up nearly 2% in premarket trading
** As of last close, HAS up nearly 38.74% YTD
(Reporting by Anshi Sancheti)
((Anshi.Sancheti@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.