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Shares of Mattel (NASDAQ:MAT) rose 7.5% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were up 265.38% year over year to $0.95, which beat the estimate of $0.38.
Revenue of $1,632,000,000 up by 10.12% year over year, which beat the estimate of $1,460,000,000.
Guidance
Mattel hasn't issued any earnings guidance for the time being.
Mattel hasn't issued any revenue guidance for the time being.
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Date: Oct 22, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/rpk5dq82
Price Action
Company's 52-week high was at $14.83
52-week low: $6.53
Price action over last quarter: Up 22.57%
Company Description
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, handheld and other games, puzzles, educational toys, media-driven products, plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl, among other brands. In addition, it currently manufactures toy products for its segments both internally and through outside manufacturers.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.