Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.350-1.450 for the period, compared to the consensus EPS 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 %
Shares of NASDAQ MAT traded down $0.33 during mid-day trading on Wednesday, reaching $17.78. The company had a trading volume of 4,062,558 shares, compared to its average volume of 3,137,941. The stock has a fifty day moving average of $19.02 and a two-hundred day moving average of $18.29. The company has a market capitalization of $6.12 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.25 and a beta of 0.79. Mattel has a 12-month low of $15.87 and a 12-month high of $20.48. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.81 and a current ratio of 2.58.
Mattel (NASDAQ:MAT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Mattel had a return on equity of 25.72% and a net margin of 5.94%. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the company earned $0.10 earnings per share. Mattel’s quarterly revenue was down .7% compared to the same quarter last year. As a group, equities research 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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