Mattel Inc reports results for the quarter ended December 31 - Earnings Summary

• Mattel Inc MAT.OQ reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of twelve analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 16 cents to 38 cents per share.

• Revenue rose 1.6% to $1.65 billion from a year ago; analysts expected $1.63 billion.

• Mattel Inc's reported EPS for the quarter was 42 cents​.

• The company reported quarterly net income of $140.9 million.

• Mattel Inc shares had risen by 0.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the toys & children's products peer group is also "buy"

Wall Street's median 12-month price target for Mattel Inc is $24.06

This summary was machine generated from LSEG data February 4 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)