Mattel, Inc. (NASDAQ:MAT) is reporting second quarter earnings results on Thursday 23rd July 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.33 per share from $ 676.13 million in revenue.
For the full year, analysts predict revenues of $ 4205.48 million, while looking forward to loss of $ 0.24 per share.
Previous Quarter Performance
Mattel, Inc. outlined loss for the first quarter of $ 0.56 per share, from the revenue of $ 594.10 million. The quarterly revenues decreased 7.89 percent compared with the same quarter last year. Street analysts expected Mattel, Inc. to report loss of $ 0.41 per share on revenue of $ 652.66 million for the first quarter. The bottom line results missed street analysts by $ 0.15 or 36.59 percent, at the same time, top line results fell short of analysts by $ 58.56 million or 8.97 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Mattel, Inc.
Stock Performance
According to the previous trading day, closing price of MAT was $ 11.36, representing a 73.97 % increase from the 52 week low of $ 6.53 and a 23.4 % decrease over the 52 week high of $ 14.83.
The company has a market capital of $ 3.94 billion and is part of the Consumer Cyclical sector and Leisure industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”MAT” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
Mattel, Inc. will be hosting a conference call at 5:00 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mattel.com
Mattel, Inc., a childrens entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, content, gaming, and lifestyle products for children under the Barbie brand; diecast cars, tracks, playsets, and play products for kids, adults, and collectors under the Hot Wheels brand name; content, toy, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends brands; and dolls and books under the American Girl brand name.
