Results coming for Hasbro, Mattel

With both firms due to release Q1 results today, analysts predict an ?equal weight? performance.
Author:
Publish date:
Social count:
0
5_Pocoyo.jpg

Analysts polled by Thomson Financial expect Hasbro to report first quarter earning of 14 cents per share on revenue of $582.6 million.

They also predict Mattel to break even on revenue of $923.1 million for its first quarter.

Felicia Hendrix, an analyst with Lehman Brothers, said she is "more positive" on Hasbro.

"We believe the company should benefit from the strength of its core and entertainment properties," she said in a statement.

"In contrast, we have less confidence in our Mattel estimates, which could be challenged by cost pressures, though these could be offset by (the effect of a weaker dollar) and share buybacks."

She rates both companies as "equal weight."

Related

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Liberty

UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.