Hasbro Inc. said its normalized net income for the fiscal fourth quarter ended Dec. 25, 2016, came to $1.31 per share, compared with the S&P Capital IQ consensus estimate of $1.27 per share.
EPS rose 18.4% year over year from $1.11.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $166.2 million, an increase of 18.4% from $140.4 million in the year-earlier period.
The normalized profit margin rose to 10.2% from 9.6% in the year-earlier period.
Total revenue grew 11.2% on an annual basis to $1.63 billion from $1.47 billion, and total operating expenses rose 11.2% from the prior-year period to $1.34 billion from $1.21 billion.
Reported net income grew 9.4% year over year to $192.7 million, or $1.52 per share, from $176.1 million, or $1.39 per share.
For the year, the company's normalized net income totaled $3.68 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $4.10.
EPS rose 23.6% from $2.98 in the prior year.
Normalized net income was $467.1 million, an increase of 23.9% from $377.0 million in the prior year.
Full-year total revenue increased 12.9% on an annual basis to $5.02 billion from $4.45 billion, and total operating expenses grew 11.8% on an annual basis to $4.20 billion from $3.76 billion.
The company said reported net income rose 21.8% year over year to $551.0 million, or $4.34 per share, in the full year, from $452.3 million, or $3.57 per share.