Mattel (NASDAQ:MAT) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Mattel beat their estimated earnings by 16.67%, which surprised analysts.
Revenue was up $130,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 4.87% increase in the share price the next day.
Here’s a look at Mattel’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.34 | 0.23 | 0.38 |
| EPS Actual | 0.03 | -0.10 | 0.40 | 0.95 |
| Revenue Estimate | 868.19M | 687.91M | 1.58B | 1.46B |
| Revenue Actual | 1.03B | 874.20M | 1.63B | 1.63B |
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