Mattel (MAT) Active Into Q1 Results; Street Expects 50% EPS Growth

April 16, 2013 3:42 PM EDT
Mattel (Nasdaq: MAT) is seeing some strong volume Tuesday heading into the company's first-quarter 2013 earnings report, expected out before markets open Wednesday. Shares are slightly negative on the session.

The Street consensus is looking for EPS of $0.09 on revs of $986.5 million. Numbers compare with EPS of $0.06 and rev of $928.4 million in the same period last year.

Money flow on Tuesday's session is favoring a tick higher, with an uptick-to-downtick ratio of 1.38 times. Short interest recently rose 5.8 percent to 5.68 million shares, or 1.65 percent of float.

Volume is 3.5 million shares today, versus the average of 2.57 million.


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