Mattel Gears Up for Q4 Earnings: What's in the Offing for the Stock?

Earnings Report and Estimates - Mattel Inc (MAT) is scheduled to report Q4 2024 results on Feb 4 after market close [1] - Zacks Consensus Estimate for Q4 earnings is 24 cents per share, down 17.2% YoY [2] - Revenue consensus estimate is $1.68 billion, up 3.4% YoY [2] - Earnings estimates for Q4 have been revised upward by 1 cent per share in the past 7 days [2] Factors Influencing Q4 Performance - Strong demand for Hot Wheels expected to boost Q4 revenue [3] - IP-driven toy business, portfolio innovations, and entertainment expansion are positive factors [4] - Demand creation initiatives and licensing partnerships likely contributed to performance [4] - Higher input costs, unfavorable fixed cost absorption, and supply chain costs may hurt profitability [6] - Increased severance, restructuring expenses, incentive compensation, and pay raises could negatively impact bottom line [6] Brand Performance Estimates - Worldwide gross billings estimates for top brands: - Barbie:$ 419 million (down 11.4% YoY) [5] - Fisher-Price: $250 million (up 2% YoY) [5] - Hot Wheels:$ 467 million (up 11.7% YoY) [5] Earnings Prediction Model - Mattel currently has a Zacks Rank 3 (Hold) [8] - Earnings ESP of -11.02% suggests lower likelihood of earnings beat [7] Other Stocks with Earnings Potential - Life Time Group Holdings (LTH): - Earnings ESP +14.29%, Zacks Rank 1 [9] - Expected 5.3% earnings increase for upcoming quarter [10] - Beat earnings in 3 of last 4 quarters with 46.2% average surprise [10] - Trip.com Group (TCOM): - Earnings ESP +0.97%, Zacks Rank 1 [11] - Expected 7.1% earnings decrease for upcoming quarter [11] - Beat earnings in last 4 quarters with 42.8% average surprise [11] - Rush Street Interactive (RSI): - Earnings ESP +22.22%, Zacks Rank 1 [11] - Expected 800% earnings increase for upcoming quarter [12] - Beat earnings in last 4 quarters with 225% average surprise [12]