Mattel Q4 Earnings Preview

Mattel MAT unveils its next round of earnings Thursday. Get prepared with Benzinga's ultimate preview for Mattel's Q4 earnings.

Earnings and Revenue

Mattel earnings will be near 26 cents per share on sales of $1.74 billion, according to analysts.

In the same quarter last year, Mattel posted a profit of 52 cents per share on sales of $1.83 billion. The Wall Street consensus estimate for earnings would represent a 50 percent decrease for the company. Sales would be down 5.13 percent from the year-ago period.

In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q3 2017 Q2 2017 Q1 2017
EPS Estimate 0.63 -0.09 -0.17
EPS Actual 0.09 -0.14 -0.32

 

Q4 EPS Estimate: 26 cents per share
Q4 Revenues Estimate: $1.74 billion

Stock Performance

Shares of Mattel were trading at $15.99 as of Jan. 30. Over the last 52-week period, shares are down 39.25 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Mattel stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Mattel's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/8h3wn5o3

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