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Mattel Jumps in After-Hours Trading on Surprise Profit
Toy maker shares surge 18% after company reports profit in latest quarter.
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Mattel, which makes Barbie dolls and Hot Wheels cars, posted net income of $14.9 million, or 4 cents a share on sales of $1.52 billion.
The company had been expected to report a loss of 16 cents a share on sales of $1.4 billion, based on a FactSet survey of 14 analysts. In the same period a year ago the company posted a loss of 82 cents a share on sales of $1.6 billion.
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https://www.thestreet.com/investing/earn...t-14859617
![[Bild: MATc1dl0406.png]](https://finviz.com/publish/020819/MATc1dl0406.png)
Toy maker shares surge 18% after company reports profit in latest quarter.
...
Mattel, which makes Barbie dolls and Hot Wheels cars, posted net income of $14.9 million, or 4 cents a share on sales of $1.52 billion.
The company had been expected to report a loss of 16 cents a share on sales of $1.4 billion, based on a FactSet survey of 14 analysts. In the same period a year ago the company posted a loss of 82 cents a share on sales of $1.6 billion.
...
https://www.thestreet.com/investing/earn...t-14859617
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