Mattel, Inc. First Quarter Earnings Sneak Peek

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S&P 500 (NYSE:SPY) component Mattel, Inc. (NASDAQ:MAT) will unveil its latest earnings on Monday, April 16, 2012. Mattel designs and manufactures a variety of toys and games for customers and consumers worldwide.

Mattel, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 7 cents per share, a rise of 40% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 9 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 7 cents during the last month. Analysts are projecting profit to rise by 11% versus last year to $2.42.

Past Earnings Performance: The company topped forecasts last quarter after being in line with estimates the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of $1.07 per share versus a mean estimate of $1.01. Two quarters ago, it reported profit of 86 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $988.8 million in revenue this quarter, a rise of 3.9% from the year-ago quarter. Analysts are forecasting total revenue of $6.54 billion for the year, a rise of 4.3% from last year’s revenue of $6.27 billion.

Analyst Ratings: Analysts are high on the stock, with eight analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 14% to $370.6 million ($1.06 a share) from $325.2 million (89 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 1.4% to $2.15 billion from $2.12 billion.

Key Stats:

After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 56.1% in the second quarter of the last fiscal year and 6.2% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 8.2% in the first quarter of the last fiscal year, 14.1% in the second quarter of the last fiscal year and 9% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between January 12, 2012 and April 10, 2012, the stock price rose $4.38 (15.3%), from $28.62 to $33. The stock price saw one of its best stretches over the last year between October 3, 2011 and October 10, 2011, when shares rose for six straight days, increasing 10.8% (+$2.66) over that span. It saw one of its worst periods between September 16, 2011 and September 23, 2011 when shares fell for six straight days, dropping 5.5% (-$1.45) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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