Hasbro Adjusted Earnings Above Expectations; Sales Rise

Toy maker Hasbro Inc. on Monday posted quarterly adjusted earnings that were above Wall Street's expectations. Third-quarter net earnings were $180.5 million, or $1.40 a share, compared with $126.6 million, or 96 cents a share, a year ago. Adjusted earnings were $1.46 a share, and revenue rose 7.3% to $1.47 billion from $1.37 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of $1.45 a share, on revenue of $1.47 billion. Revenue in emerging markets rose 29%, and international sales increased 11%.