Mattel earnings, Revenue beat in Q1

  • Investing.com
Mattel earnings, Revenue beat in Q1

Investing.com - Mattel (NASDAQ: MAT ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Mattel announced earnings per share of $0.08 on revenue of $1.04B. Analysts polled by Investing.com anticipated EPS of $-0.0382 on revenue of $917.02M.

Mattel shares are down 7% from the beginning of the year and are trading at $25.25 , down-from-52-week-high.They are outperforming the Nasdaq which is down 20.17% year to date.

Mattel shares gained 3.10% 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, April 20, 2022, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.

BYD ADR had missed expectations on Tuesday, March 29, 2022 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.

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

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