23.04.2024 22:09:37 - dpa-AFX: Mattel Inc. Q1 Loss Decreases, beats estimates

EL SEGUNDO (dpa-AFX) - Mattel Inc. (MAT) released Loss for first quarter
that decreased from last year and beat the Street estimates.

The company's earnings came in at -$28.3 million, or -$0.08 per share. This
compares with -$106.5 million, or -$0.30 per share, in last year's first
quarter.

Excluding items, Mattel Inc. reported adjusted earnings of -$0.05 per share for
the period.

Analysts on average had expected the company to earn -$0.12 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.6% to $809.5 million from $814.6
million last year.

Mattel Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$28.3 Mln. vs. -$106.5 Mln. last year.
-EPS (Q1): -$0.08 vs. -$0.30 last year.
-Revenue (Q1): $809.5 Mln vs. $814.6 Mln last year.

-Guidance:
Full year EPS guidance: $1.35 - $1.45


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MATTEL INC. DL 1 851704 Frankfurt 17,065 06.05.24 11:31:26 -0,105 -0,61% 17,360 17,560 17,065 17,170

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