Mattel (MAT) Q3 Earnings and Revenues Miss Estimates

Core Insights - Mattel reported quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.05 per share, and down from $1.14 per share a year ago, representing an earnings surprise of -15.24% [1] - The company posted revenues of $1.74 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 4.06%, and down from $1.84 billion year-over-year [2] - Mattel has surpassed consensus EPS estimates three times over the last four quarters, but has only topped revenue estimates once in the same period [2] Future Outlook - The sustainability of Mattel's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $1.8 billion, and for the current fiscal year, it is $1.61 on revenues of $5.46 billion [7] - The Zacks Rank for Mattel is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Toys - Games - Hobbies industry is currently in the top 14% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]