Mattel (MAT) Declares $0.38 Quarterly Dividend; 6.8% Yield

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Go back to Mattel (MAT) Declares $0.38 Quarterly Dividend; 6.8% Yield

MKM Partners Remains Neutral Following Mattel's (MAT) 3Q EPS Miss

October 16, 2015 10:40 AM EDT

MKM Partners reiterated a Neutral rating and $24.00 price target on Mattel Inc. (NASDAQ: MAT) following the company's 3Q15 earnings results. Revenue and EPS of $1.792bn and $0.71, came in below consensus estimates of $1.888bn and $0.80.

Analyst Eric Handler commented, "3Q Misses On FX Headwinds; Near-Term... More