Hasbro Inc. said its normalized net income for the fiscal fourth quarter ended Dec. 27, 2015, came to $1.14 per share, compared with the S&P Capital IQ consensus estimate of $1.30 per share.
EPS climbed 22.4% year over year from 93 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $144.6 million, an increase of 21.9% from $118.7 million in the prior-year period.
The normalized profit margin climbed to 9.6% from 9.1% in the year-earlier period.
Total revenue increased 12.8% year over year to $1.47 billion from $1.30 billion, and total operating expenses grew 12.9% from the prior-year period to $1.21 billion from $1.07 billion.
Reported net income grew from the prior-year period to $176.1 million, or $1.39 per share, from $169.8 million, or $1.33 per share.
For the year, the company's normalized net income totaled $2.98 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $3.43.
EPS rose 14.6% from $2.60 in the prior year.
Normalized net income was $377.0 million, a rise of 11.7% from $337.4 million in the prior year.
Full-year total revenue grew from the prior-year period to $4.45 billion from $4.28 billion, and total operating expenses increased year over year to $3.76 billion from $3.64 billion.
The company said reported net income grew 8.8% on an annual basis to $452.3 million, or $3.57 per share, in the full year, from $415.6 million, or $3.20 per share.