08:52 AM EDT, 04/24/2024 (MT Newswires) -- Hasbro ( HAS ) reported fiscal Q1 adjusted earnings Wednesday of $0.61 per diluted share, up from $0.01 a year earlier.

Analysts surveyed by Capital IQ expected $0.28.

Revenue for the quarter ended March 31 was $757.3 million, down from $1.0 billion a year earlier.

Analysts polled by Capital IQ expected $740.9 million.

Shares of Hasbro ( HAS ) were up 7.6% in recent Wednesday premarket activity.

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