Forbes -
18 Oct 2015 05:39

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, ...
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