Investing.com - Mattel (NASDAQ:MAT) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mattel announced earnings per share of $0.18 on revenue of $1.24B. Analysts polled by Investing.com anticipated EPS of $0.0646 on revenue of $1.1B.
Mattel shares are down 25% from the beginning of the year and are trading at $23.70 , down-from-52-week-high.They are under-performing the S&P 500 which is down 16.1% from the start of the year.
Mattel shares lost 1.94% in after-hours trade after the report.
Mattel follows other major Consumer Discretionary sector earnings this month
Mattel's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.86 on revenue of $16.52B.
Nike had beat expectations on Monday, June 27, 2022 with fourth quarter EPS of $0.9 on revenue of $12.23B, compared to forecast for EPS of $0.8015 on revenue of $12.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar