Posted by: Market Watch in Market Information 39 minutes in the past Mattel Inc. shares had been up 9% in after-hours buying and selling Th
Mattel Inc. shares had been up 9% in after-hours buying and selling Thursday after the toy maker reported fiscal third-quarter outcomes that blew previous Wall Road estimates. Mattel reported internet earnings of $316 million, or 91 cents a share, in contrast with internet earnings of $70.6 million, or 20 cents a share, within the year-ago quarter. Income jumped 10% to $1.63 billion from $1.48 billion a 12 months in the past. Analysts surveyed by FactSet had anticipated internet earnings of 39 cents a share on income of $1.465 billion. Mattel shares are down 4% this 12 months because it continues to really feel the results of the pandemic. The broader S&P 500 index has improved 7% in 2020.Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra info on this information.
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