Mark your calendars for Wednesday 23rd October 2024, as Mattel (NASDAQ: MAT) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
As per the predictions of financial analysts on Wall Street, the company is set to report an estimated per share $0.95 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $1.86 billion for the period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $1.08. This was credited to the company's total revenue, which reached an impressive $1919 million in that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $5.4 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $1.44 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.19 | +90.0% | 1.08 B | -0.6% |
| Q1 2024 | $-0.05 | +79.2% | 809.50 M | -0.6% |
| Q4 2023 | $0.29 | +61.1% | 1.62 B | +15.6% |
| Q3 2023 | $1.08 | +31.7% | 1.92 B | +9.3% |
| Q2 2023 | $0.10 | -44.4% | 1.09 B | -12.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
Mattel (MAT) closed Monday's regular trading session at $18.42, showing a 3.36 percent decrease, with a volume of 2.86 million shares.
