Mattel Reports Q3 Earnings with EPS Beat and Revenue Growth Amid Slight Miss
Mattel (MAT) reported third-quarter non-GAAP earnings per share of $1.30, exceeding analyst expectations by $0.36. While the company saw a year-over-year revenue increase of 4.6% to reach $1.81 billion, this figure fell approximately $20 million short of consensus estimates. The results reflect a mixed performance where profitability outpaced market projections despite top-line headwinds. Looking ahead, the company is providing updated guidance for its full-year 2026 financial outlook as it navigates shifting consumer demand in the toy and entertainment sectors.
Tickers: $MAT