Mattel (MAT) reported $1.84 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 3.9%. EPS of $1.14 for the same period compares to $1.08 a year ago.The reported revenue represents a surprise of +0.38% over the Zacks Consensus Estimate of $1.84 billion. With the consensus EPS estimate being $0.94, the EPS surprise was +21.28%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Mattel (MAT) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.28%. A quarter ago, it was expected that this toy maker would post earnings of $0.16 per share when it actually produced earnings of $0.19, delivering a surprise of 18.75%.Over the last four quarters, the company has surp ...

Exhibit 99.1 NEWS RELEASE MATTEL REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Third Quarter 2024 Highlights Versus Prior Year • Net Sales of $1,844 million, down 4% as reported, and 3% in constant currency • Gross Margin of 53.1%, an increase of 210 basis points; Adjusted Gross Margin of 53.1%, an increase of 210 basis points • Operating Income of $488 million, an increase of $14 million; Adjusted Operating Income of $504 million, a decrease of $2 million • Net Income of $372 million, an improvement of $226 ...

Analysts on Wall Street project that Mattel (MAT) will announce quarterly earnings of $0.94 per share in its forthcoming report, representing a decline of 13% year over year. Revenues are projected to reach $1.84 billion, declining 4.3% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to ...

Mattel, Inc. (MAT) is scheduled to report third-quarter 2024 results on Oct. 23, 2024, after the closing bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 18.8%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earnings is pegged at 94 cents, down 13% year over year. In the past seven days, earnings estimates for the quarter have been revised up ...

Mattel (MAT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 23, 2024, might help the stock move higher if these key numbers are better than expec ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed ...

Mattel is recalling all models of its Fisher-Price Snuga infant swings after five deaths were reported from suffocation hazards between 2012 and 2022, the consumer protection authority and the toymaker said Thursday.The Snuga Swing, targeted at infants of up to nine months of age, has both front-to-back and side-to-side motions and comes in 21 different models.The Consumer Product Safety Commission said the swing should never be used for sleep and bedding materials such as blankets should not be added to it ...

The stock market edged higher to start the final full week of the third quarter. The S&P 500 is trading at fresh highs as Wall Street cheers on the Fed’s dovish start to its easing cycle.Some investors might not want to dive into technology stocks and other high-flying industries that might be overheated at the moment. Thankfully, there are tons of top-ranked value stocks to buy, especially if investors know where to look.Today we show investors how to screen for stocks that offer the potentially winning co ...

Investors interested in Toys - Games - Hobbies stocks are likely familiar with Mattel (MAT) and Take-Two Interactive (TTWO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies ...