Shares of Hasbro, Inc. (NASDAQ: HAS) have been up over 1% on Tuesday. The inventory has gained 31% year-to-date. The toy firm is scheduled to report its earnings outcomes for the third quarter of 2025 on Thursday, October 23, earlier than market open. Right here’s a take a look at what to anticipate from the earnings report:
Income
Analysts are projecting income of $1.35 billion for Hasbro in Q3 2025, which represents a 5% development from the identical interval a 12 months in the past. Within the second quarter of 2025, revenues dipped 1% year-over-year to $980.8 million.
Earnings
The consensus estimate for earnings per share in Q3 2025 is $1.63, which means a decline of almost 6% from the prior-year quarter. In Q2 2025, adjusted EPS elevated 7% YoY to $1.30.
Factors to notice
Hasbro is anticipated to profit from continued momentum in its Wizards of the Coast and Digital Gaming section, led by development in MAGIC: THE GATHERING and features from Monopoly Go!. In Q2, MAGIC’s income elevated 23%, helped by features from Ultimate Fantasy, Secret Lair and backlist merchandise. The title additionally witnessed robust engagement. Collectively, this helped drive a 16% development in general Wizards income. The corporate expects this momentum to proceed within the second half of the 12 months, which is a constructive signal for Q3.
The Shopper Merchandise section noticed revenues decline final quarter because of softness in toys however Hasbro anticipates a pickup within the third quarter and thru the vacation season. This section can also be anticipated to profit from development in manufacturers reminiscent of TRANSFORMERS and MONOPOLY.
Hasbro’s Enjoying to Win technique, which focuses on high-growth, high-margin segments, and its partnerships with in style manufacturers are anticipated to proceed yielding advantages. Final month, the corporate introduced a partnership with Disney for its Play-Doh model, which can convey Disney characters to Play-Doh playsets.
The corporate can also be transferring its Rhode Island operations to Boston as a part of its Enjoying to Win strategic initiatives. These actions are anticipated to result in significant adjustments to the enterprise.

