Mattel (MAT) reported Q3 2015 results yesterday and missed expectations. Revenue of $1.79 billion missed analyst estimates of $1.89 billion. Net income came in at $223.8 million and an EPS of 71 cents per share, compared to analyst expectations of 79 cents per share. Today, Oppenheimer released an optimistic note on the company and shares rallied 6% to close at $23.89 per share. Mattel is one of the world’s largest toy makers and sells popular brands such as Barbie, Hot Wheels, Monster High, ...
Mattel (MAT) reported Q3 2015 results yesterday and missed expectations. Revenue of $1.79 billion missed analyst estimates of $1.89 billion. Net income came in at $223.8 million and an EPS of 71 cents per share, compared to analyst expectations of 79 cents per share. Today, Oppenheimer released an optimistic note on the company and shares rallied 6% to close at $23.89 per share. Mattel is one of the world’s largest toy makers and sells popular brands such as Barbie, Hot Wheels, Monster High, ...
Share this Article
Recommended