Investing.com - Mattel (NASDAQ:MAT) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mattel announced earnings per share of $0.95 on revenue of $1.63B. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $1.46B.
Mattel shares are down 4% from the beginning of the year and are trading at $13.80 , down-from-52-week-high.They are under-performing the Nasdaq which is up 28.23% from the start of the year.
Mattel shares gained 6.81% in after-hours trade the report.
Mattel follows other major Consumer Cyclical sector earnings this month
Mattel's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $0.76 on revenue of $8.77B, compared to forecasts EPS of $0.57 on revenue of $8.26B.
Ferrari NV had missed expectations on Thursday, September 24, 2020 with third quarter EPS of $0.05 on revenue of $670.24M, compared to forecast for EPS of $0.06 on revenue of $670.08M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar