Mattel (NASDAQ:MAT) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Mattel beat estimated earnings by 76.67%, reporting an EPS of $0.53 versus an estimate of $0.3.
Revenue was up $169.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12, which was followed by a 0.59% increase in the share price the next day.
Here's a look at Mattel's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.72 | -0.06 | -0.34 | 0.23 |
| EPS Actual | 0.84 | 0.03 | -0.10 | 0.40 |
| Revenue Estimate | 1.68B | 868.19M | 687.91M | 1.58B |
| Revenue Actual | 1.76B | 1.03B | 874.20M | 1.63B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Mattel management provided guidance for their next quarter, expecting earnings between $1.42 and $1.48 per share for the next quarter.
This represents a 173.58% in quarter-over-quarter growth for Mattel, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
