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Mattel Inc. (MAT) reported a profit for its third quarter that advanced from the same period last year.


RTTNews | Oct 21, 2021 04:13PM EDT

16:12 Thursday, October 21, 2021 (RTTNews.com) - Mattel Inc. (MAT) reported a profit for its third quarter that advanced from the same period last year.

The company's earnings came in at $812.6M, or $2.29 per share. This compares with $311.3 million, or $0.89 per share, in last year's third quarter.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $1.76 billion from $1.64 billion last year.

Mattel Inc. earnings at a glance:

-EPS (Q3): $0.84 vs. $0.94 last year.-Analysts Estimate: $0.72-Revenue (Q3): $1.76 Bln vs. $1.64 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3234605/mattel-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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