Mattel (MAT) Reports Q1 Loss, Tops Revenue Estimates

Mattel (MAT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.11. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.73%. A quarter ago, it was expected that this toy maker would post earnings of$ 0.23 per share when it actually produced earnings of $0.35, delivering a surprise of 52.17%.Over the last four quarters, the company has surpassed co ...