1254 ET - Investors will be looking to see if Hasbro updates its full-year outlook when the toymaker reports its 2Q financial results ahead of Tuesday's opening bell, UBS analysts say in a research note. Hasbro's stock took a beating in May, after the company maintained its annual guidance despite posting a sharp jump in profit and revenue during 1Q. The same thing could happen again, the analysts warn. Hasbro is expected to raise its outlook for its Wizards of the Coast and digital gaming unit--which houses Magic: The Gathering and Dungeons & Dragons. "Investors worry a more significant beat in 2Q combined with more modest uptick in FY could result in déjà vu: implied lower 2H Wizard outlook (and negative stock reaction) when the fundamentals are moving in the right direction."(connor.hart@wsj.com)
(END) Dow Jones Newswires
July 20, 2026 12:54 ET (16:54 GMT)
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