Mattel earnings beat, Revenue misses in Q3

  • Investing.com
Mattel earnings beat, Revenue misses in Q3

Investing.com - Mattel (NASDAQ: MAT ) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Mattel announced earnings per share of $0.82 on revenue of $1.76. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $1.78B.

Mattel shares are down 37% from the beginning of the year and are trading at $18.88 , down-from-52-week-high.

Mattel shares lost 4.50% in after-hours trade the report.

Mattel follows other major Consumer Discretionary sector earnings this month

Mattel's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.

Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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