MATTEL (MAT)

EARNINGS RELEASE TUESDAY- OCTOBER 29 (AMC)

Trade Assist May Not Be Available For All Jump Trades (See Trade Plan

Ticker delayed 20 minutes

JUMP BACK

JUMP REPORT

Avg Daily Volume: 4,387,854    Market Cap: 3.51B
Sector: Consumer Goods    Short Interest: 45.49

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:      .16/share     REV:  219.8/M
___________________________________________________________
     LAST QTR:  EPS:       -.40/share     ACTUAL:   -..25/share  (BEAT)
____________________________________________________________
     NEXT QTR:  EPS:      .09/share     REV: 224.14/M
______________________________________________________
     FULL YR:     EPS:      -.40/share    REV: 872.47/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________

BEAT/MISS RECORD:  48% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 14.06, 10.83, 29.93

EXPECTED JUMP MOVE:  12-15%

Links To Latest News and Headlines

19 Oct, 2020 @ 13:11 by Yahoo! Finance

Mattel (MAT) third-quarter results are likely to reflect the impact of Power Brands' dismal performance.

28 Jul, 2020 @ 11:58 by Yahoo! Finance

A couple key charts indicate there has not been aggressive buying of the toymaker's stock, which would suggest sideways price action.

Mattel, Inc. (NASDAQ: MAT) today announced the Barbie® 2020 Campaign Team set to expose girls to public leadership roles and pique their interest in shaping the future. The new career set includes four diverse dolls with roles that make a winning campaign, including candidate, campaign manager, fundraiser and voter, to show girls the importance of a political team working together to win.

Hasbro (NASDAQ: HAS) was unable to match the second-quarter performance of rival Mattel (NASDAQ: MAT) after earnings, announced today, fell well short of Wall Street’s expectations. Despite owning some of the most iconic board games in the industry, such as Monopoly, as well as one of the most popular card games in Magic: The Gathering, the toymaker suffered a 28% drop in revenue to $860.3 million, compared to the consensus estimate of $965.5 million, leading to adjusted earnings of only $0.02 per share, far below the $0.22 per share analysts had been expecting.

Mattel (NASDAQ: MAT) reported second-quarter results Thursday that beat Wall Street estimates on the top and bottom lines as Barbie dolls and Uno playing cards saw strong demand. With fall school reopenings still doubtful in many locations — New York City, for example, may wait until there’s a coronavirus vaccine before fully reopening — the back half of Mattel’s year could be robust, too. Mattel said revenue fell 15% year over year as retail stores were shut down, but net sales of $732 million were well ahead of expectations of just $678 million.

StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.

“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up  Looking forward to having you on-board ASAP”

There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory. 

NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.