Mattel, Inc. (MAT) Releases Quarterly Earnings Results, Misses Expectations By $0.49 EPS

Mattel, Inc. (NASDAQ:MAT) announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.49), Bloomberg Earnings reports. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.82 billion. Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The firm’s revenue for the quarter was down 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 EPS.

Mattel (NASDAQ MAT) opened at $14.62 on Friday. The company has a market capitalization of $4,788.15, a P/E ratio of 92.87, a PEG ratio of 35.82 and a beta of 0.88. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.89. Mattel has a one year low of $12.71 and a one year high of $32.48.

TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at

MAT has been the subject of a number of recent analyst reports. DA Davidson restated an “underperform” rating and issued a $14.00 price objective (down previously from $18.00) on shares of Mattel in a research note on Tuesday, September 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Mattel in a research report on Thursday, August 31st. BidaskClub raised Mattel from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 14th. UBS AG set a $22.00 price target on Mattel and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Jefferies Group LLC set a $13.00 price target on Mattel and gave the company a “hold” rating in a research report on Sunday, October 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $21.46.

About Mattel

Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

Earnings History for Mattel (NASDAQ:MAT)

Receive News & Ratings for Mattel Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattel Inc. and related companies with's FREE daily email newsletter.

Leave a Reply