Mattel Stock Drops After Q3 Earnings: Here's Why

Mattel, Inc. (NASDAQ:MAT) shares fell after the company missed earnings and revenue estimates in its third-quarter financial report after Tuesday's closing bell. Here's a look at the key figures from the quarter. MAT stock is down. See the real-time price action here.The Details: Mattel reported adjusted earnings of 89 cents per share, which missed the $1.07 analyst estimate.Quarterly revenue came in at $1.73 billion, which missed the Street estimate of $1.83 billion for the quarter.Read Next: Beyond Meat, ...