Matte
Mattel (MAT) closed at $10.06 within the newest buying and selling session, marking a -1.57% transfer from the prior day. This transfer lagged the S&P 500’s each day achieve of 4.94%. In the meantime, the Dow gained 4.89%, and the Nasdaq, a tech-heavy index, added 4.95%.
Coming into at this time, shares of the toy maker had misplaced 28.43% prior to now month. In that very same time, the Shopper Discretionary sector misplaced 20.31%, whereas the S&P 500 misplaced 17.66%.
Wall Avenue might be searching for positivity from MAT because it approaches its subsequent earnings report date. The corporate is predicted to report EPS of -$0.43, up 2.27% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $658.48 million, down 4.46% from the year-ago interval.
MAT’s full-year Zacks Consensus Estimates are calling for earnings of $0.06 per share and income of $4.57 billion. These outcomes would characterize year-over-year modifications of +120% and +1.53%, respectively.
It’s also…