Mattel Q3 2023 Adj. EPS $1.08 Beats $0.86 Estimate, Net Sales $1.919B Beats $1.835B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mattel's Q3 2023 adjusted EPS of $1.08 has surpassed the estimate of $0.86. Additionally, the company's net sales of $1.919B have also beaten the estimate of $1.835B.
October 25, 2023 | 8:06 pm
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POSITIVE IMPACT
Mattel's Q3 2023 earnings and net sales have exceeded estimates, which could positively impact the company's stock.
Companies that report earnings and sales above estimates typically see a positive reaction in their stock price as this indicates better-than-expected performance. Therefore, Mattel's stock could potentially rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100