Mattel (MAT) Q4 Earnings Surpass Estimates

Core Viewpoint - Mattel reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and showing an increase from $0.29 per share a year ago, representing an earnings surprise of 52.17% [1][2] Financial Performance - The company posted revenues of $1.65 billion for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.53%, compared to $1.62 billion in the same quarter last year [2] - Over the last four quarters, Mattel has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance and Outlook - Mattel shares have increased approximately 0.3% since the beginning of the year, underperforming the S&P 500, which gained 1.9% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $812.73 million, and for the current fiscal year, it is $1.58 on revenues of $5.5 billion [7] - The estimate revisions trend for Mattel is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Toys - Games - Hobbies industry, to which Mattel belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Hasbro, a competitor in the same industry, is expected to report quarterly earnings of $0.36 per share, reflecting a year-over-year decline of 5.3% [9]