Investing.com - Mattel (NASDAQ:MAT) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mattel announced earnings per share of $-0.1 on revenue of $874.2M. Analysts polled by Investing.com anticipated EPS of $-0.3384 on revenue of $686.21M.
Mattel shares are up 19% from the beginning of the year and are trading at $22.42 , down-from-52-week-high.They are outperforming the Nasdaq which is up 7.22% from the start of the year.
Mattel shares gained 7.43% in after-hours trade the report.
Mattel follows other major Consumer Cyclical sector earnings this month
Mattel's report follows an earnings beat by Genuine Parts on Thursday, who reported EPS of $1.5 on revenue of $4.46B, compared to forecasts EPS of $1.14 on revenue of $4.3B.
Pool had beat expectations on Thursday with first quarter EPS of $2.32 on revenue of $1.06B, compared to forecast for EPS of $1.14 on revenue of $823.96M.
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