Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.35-$1.45 for the period, compared to the consensus estimate of $1.38.
Mattel Trading Up 0.6 %
Shares of NASDAQ MAT traded up $0.11 during trading on Tuesday, hitting $18.73. 3,691,131 shares of the company traded hands, compared to its average volume of 2,976,353. Mattel has a 1 year low of $16.20 and a 1 year high of $22.64. The company has a 50-day moving average price of $19.30 and a 200-day moving average price of $19.09. The firm has a market capitalization of $6.44 billion, a P/E ratio of 30.53, a P/E/G ratio of 1.21 and a beta of 0.96. The company has a quick ratio of 1.90, a current ratio of 2.33 and a debt-to-equity ratio of 1.08.
Mattel (NASDAQ:MAT – Get Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.07. Mattel had a net margin of 3.94% and a return on equity of 21.25%. The firm had revenue of $809.50 million during the quarter, compared to analysts’ expectations of $833.52 million. During the same period in the prior year, the company earned ($0.24) EPS. The firm’s revenue was down .6% on a year-over-year basis. On average, equities analysts predict that Mattel will post 1.37 EPS for the current year.
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About Mattel
Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.
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