Hasbro Waves a Big Red Flag in Q1

Toys 'n' gaming giant Hasbro (NASDAQ: HAS) reported its first-quarter 2022 financial results Tuesday morning -- and while investors seem pleased with the results (shares were up 4% as of 10:30 a.m. ET), the news was actually not great.  

Revenue edged out expectations at Hasbro in the quarter, and management raised its guidance for the rest of this year -- two reasons why the stock is up in early trading Tuesday. At the same time, however, Hasbro missed analyst targets for earnings by a sizable margin -- and the company's actual cash profits for the quarter fell right off a cliff.

This is a big red flag for Hasbro investors.  

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Source Fool.com