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What to Expect When Mattel (MAT) Reports Earnings This Week

NEW YORK (TheStreet) --Mattel (MAT - Get Report) is scheduled to release its 2015 third quarter earnings results after the market close on Wednesday afternoon.

Analysts are expecting the toys and games maker to post a year over year decline in both earnings per share and revenue for the most recent quarter.

Mattel has been forecast by analysts surveyed by Thomson Reuters to report earnings of 80 cents per share on revenue of $1.89 billion for the September ended period.

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Last year, the company reported earnings of 97 cents per share on net sales of $2.02 billion, for the 2014 third quarter.

Shares of Mattel are up by 2.18% to $22.84 on Monday morning.

Mattel is famous for its well-known Barbie Doll toy line, however Barbie has been losing out to more modern and in demand toys.

Sales of the doll are moving towards their fourth consecutive annual decline, the New York Post...


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