Mattel, Inc. (NASDAQ:MAT) is expected to report third quarter earnings results, after market close, on Thursday 22nd October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.38 per share.
Looking ahead, the full year loss are expected at $ 0.15 per share on the revenues of $ 4281.98 million.
Previous Quarter Performance
Mattel, Inc. disclosed loss for the second quarter of $ 0.26 per share, from the revenue of $ 732.10 million. Street analysts expected Mattel, Inc. to report loss of $ 0.33 per share on revenue of $ 676.13 million for the second quarter. The bottom line results beat street analysts by $ 0.07 or 21.21 percent, at the same time, top line results outshined analysts by $ 55.97 million or 8.28 percent.
Stock Performance
Shares of Mattel, Inc. traded low $ -0.10 or -0.80 percent on Wednesday, reaching $ 12.45 with volume of 2.72 million shares. Mattel, Inc. has traded high as $ 12.67 and has cracked $ 12.45 on the downward trend
The closing price of $ 12.45, representing a 92.19 % increase from the 52 week low of $ 6.53 and a 15.37 % decrease over the 52 week high of $ 14.83.
The company has a market capital of $ 4.32 billion and is part of the Consumer Cyclical sector and Leisure industry.
Conference Call
Mattel, Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mattel.com
Mattel, Inc., a childrens entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, content, gaming, and lifestyle products for children under the Barbie brand; diecast cars, tracks, playsets, and play products for kids, adults, and collectors under the Hot Wheels brand name; content, toy, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends brands; and dolls and books under the American Girl brand name.
