Hasbro shares rebound to maximum three weeks after an excellent profit report

• Hasbro (HAS) rises 14.58% on Thursday, reaching maximums not seen from April 2 in 61.57 $.
• You have obtained income of 887.1 billion dollars in the quarter, above the estimates of the analysts.

The Hasbro titles (HAS) established a minimum of the day at $ 56.64, finding aggressive buyers who carried the price of the maximum of three weeks not seen since April 2 in 61.57 $. At the moment, you have a chalk ass at $ 60.37, rising 14.58% today.

Hasbro surprises investors by overcoming estimates in their quarterly report

The leading company in manufacture and marketing of toys, Hasbro (HAS), presents a gain of 14.58% today at the price of its action, reaching maximums not seen from April 2 in 61.57 $, signing its third consecutive day on the rise.

You have announced its earnings report today, obtaining income of 887.1 billion dollars compared to 771.14 billion dollars estimated by the consensus of analysts. Similarly, you have gained a profit per share of $ 1.04 compared to the $ 0.668 provided by the market.

Similarly, Hasbro (HAS) highlighted the extension of the multiannual commercial agreement with Walt Disney Company (DIS), focused on producing articles and toys for Star Wars and Marvel franchises.

Hasbro (HAS) has not been exempt from tariff effects between the United States and China, however, the company has not modified its income projection by 2025, placing it between 1.1 billion dollars and 1.15 billion dollars.

Technical levels of Hasbro

The shares have established a short -term support given by the minimum of April 9 at $ 48.98. To the north, the closest resistance is observed at $ 62.91, maximum of April 2 in convergence with the 61.8% fibonacci decline. The next key resistance is found at $ 70.02, pivot point of February 20.

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