Filed under: Major Movement, Earnings Reports, Good news, Hasbro Inc (HAS), Options, Technical Analysis

Hasbro (HAS - option chain) shares are rising today after the company reported earnings this morning, posting a fourth-quarter profit of $165.56 million, or $1.09 per share, on revenue of $1.38 billion. Analysts had forecast a profit of 81 cents per share on revenue of $1.34 billion. If you think that the stock won’t fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on HAS.

HAS opened this morning at $33.65. So far today the stock has hit a low of $33.53 and a high of $35.19. As of 11:40, HAS is trading at $34.99 up $4.18 (13.6%). The chart for HAS looks bullish and S&P gives HAS a positive 4 STARS (out of 5) buy ranking.

Continue reading Hasbro Soars On Q4 Earnings 22% Above Estimates

Hasbro Soars On Q4 Earnings 22% Above Estimates originally appeared on BloggingStocks on Mon, 08 Feb 2010 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Via [bloggingstocks]

Share This

This entry was posted on Monday, February 8th, 2010 at 7:55 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.