Hasbro Gear Up for Q3 Earnings: What Should Investors Expect?

Hasbro, Inc. HAS is scheduled to report third-quarter fiscal 2025 results on Oct. 23, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 66.7%.How Are Estimates Placed?The Zacks Consensus Estimate for earnings is pegged at $1.66 per share, indicating a decline of 4.1% from the $1.73 reported a year ago. For revenues, the consensus estimate is pegged at $1.35 billion, implying a gain of 5% from the prior-year quarter’s reported figure.Let us delve deeper.Factors to Note Ahead of HAS’ Q3 ResultsHasbro’s top line in third-quarter 2025 is likely to have been fueled by the continued momentum of Wizards of the Coast and Digital Gaming, which remained its most important growth engine. Although Final Fantasy launched in second-quarter 2025, its strong backlist sales are likely to have carried into the third quarter, reinforcing the depth and durability of the MAGIC franchise. Organized play participation also continued to expand, with record levels of community engagement providing recurring revenue support. Beyond Wizards, licensing fundamentals such as the ongoing success of MONOPOLY GO! and new agreements in digital casino gaming contributed high-margin revenue streams. These areas demonstrated Hasbro’s ability to leverage its intellectual property across multiple platforms and sustain revenue growth even in a dynamic consumer environment.Consumer Products is also likely to have provided underlying support to revenue fundamentals despite headwinds in North America. Order timing shifts at major retailers created short-term pressure, but international markets such as EMEA and APAC are likely to have remained on track for growth. Our model predicts total Consumer Products revenues to decline 7.1% year over year to $798.6 million. On the other hand, total Wizards of the Coast & Digital Gaming revenues are likely to increase 23.4% year over year to $498.5 million.On the profitability side, Hasbro’s bottom line is likely to have been constrained by structural cost pressures. Hasbro has been navigating a challenging macroeconomic environment marked by escalating trade tensions. Rising tariff rates on Chinese imports, coupled with the potential for retaliatory duties from manufacturing hubs like Vietnam and India, have created a highly unpredictable backdrop.Hasbro, Inc. Price and EPS Surprise Hasbro, Inc. price-eps-surprise | Hasbro, Inc. QuoteWhat Our Model Says About HAS StockOur proven model predicts an earnings beat for Hasbro this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. HAS’ Earnings ESP: Hasbro has an Earnings ESP of +1.21%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.HAS’ Zacks Rank: The company has a Zacks Rank #2 at present.Other Stocks Poised to Beat on EarningsHere are some other stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.Wynn Resorts, Limited WYNN has an Earnings ESP of +20.22% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here. Wynn Resorts' earnings for the to-be-reported quarter are expected to increase 23.3%. With the average surprise being 11.5%. Wynn Resorts reported better-than-expected earnings in one of the trailing four quarters and missed on three occasions. Boyd Gaming Corporation BYD currently has an Earnings ESP of +1.25% and a Zacks Rank of 3. Its earnings for the to-be-reported quarter are expected to increase 1.3%. Boyd Gaming reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 9.1%. PENN Entertainment, Inc. PENN currently has an Earnings ESP of +11.38% and a Zacks Rank of 3.Its earnings for the to-be-reported quarter are expected to increase 58.3%. PENN Entertainment reported better-than-expected earnings in three of the trailing four quarters and missed on one occasion, the average surprise being 92.7%.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hasbro, Inc. (HAS): Free Stock Analysis Report Wynn Resorts, Limited (WYNN): Free Stock Analysis Report Boyd Gaming Corporation (BYD): Free Stock Analysis Report PENN Entertainment, Inc. (PENN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks