(Reuters) – Hasbro Inc <HAS.O> beat analysts’ estimates for quarterly revenue on Monday, boosted by demand for its Monopoly and other board games from stuck-at-home parents looking to keep their children entertained.
Shares of the company rose more than 3% in premarket trading.
The company’s net revenue rose to $1.78 billion in the third quarter ended Sept. 27 from $1.58 billion, beating analysts’ average estimate of $1.75 billion, according to IBES data from Refinitiv.
Net earnings attributable to the company rose to $220.9 million from $212.9 million a year earlier.
(Reporting by Uday Sampath in Bengaluru; Editing by Anil D’Silva)
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