Mattel (NASDAQ:MAT – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.350-1.450 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of -. Mattel also updated its FY24 guidance to $1.35-1.45 EPS.
Mattel Stock Down 1.8 %
Mattel stock traded down $0.33 during mid-day trading on Wednesday, reaching $17.78. 4,062,558 shares of the company’s stock were exchanged, compared to its average volume of 3,137,941. The company has a quick ratio of 1.81, a current ratio of 2.58 and a debt-to-equity ratio of 1.18. The company has a market cap of $6.12 billion, a P/E ratio of 21.42, a P/E/G ratio of 1.25 and a beta of 0.79. The company has a fifty day moving average of $19.02 and a 200-day moving average of $18.29. Mattel has a twelve month low of $15.87 and a twelve month high of $20.48.
Mattel (NASDAQ:MAT – Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Mattel had a return on equity of 25.72% and a net margin of 5.94%. The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. Sell-side analysts expect that Mattel will post 1.43 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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