Hasbro to Miss Estimates, Sells Interactive, Games.com Units

Hasbro (HAS Quote) expects earnings for the fourth quarter and full year to fall below analysts' expectations and set plans to sell its Hasbro Interactive and Games.com units.

The Pawtucket, R.I., toy maker expects fiscal 2000 earnings of "at best, break-even" with the potential for a loss of 10 cents to 20 cents a share. Analysts expect the company to earn 23 cents a share in the fourth quarter and 43 cents a share for the year, according to First Call/Thomson Financial.

The company didn't provide an estimate for the fourth quarter. ...