Mattel 2Q Earnings Pregame Scorecard

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After falling below Wall Street expectations last quarter, Mattel (NASDAQ:MAT) will report its latest results on Tuesday.

Expectations

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Analysts currently expect Mattel to come in with earnings of 21 cents per share on revenues of $1.13 billion. Estimates from analysts range from 18 cents per share to 25 cents per share. Over the past three months, the average estimate has moved down from 22 cents.

Last Quarter's Results

In the first quarter, profit fell 52.9% to $7.8 million (2 cents a share) from $16.6 million (5 cents a share) the year earlier, missing analyst expectations. Revenue fell 2.5% to $928.4 million from $951.9 million.

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

The stock fell $1.52 per share between April 30, 2012 and May 16, 2012. Looking at change over the last three months, April 13, 2012 and July 10, 2012, the stock price fell $2.55 (-7.5%), from $34.13 to $31.58.

Company Fundamental Trends While last quarter's drop snapped a string of revenue increases, the company will look to right itself during the upcoming earnings period. Revenue rose 14.1% in the second quarter of the last fiscal year, 9% in the third quarter of the last fiscal year and 1.4%in the fourth quarter of the last fiscal year before dropping in the first quarter. In the aftermarth of a profit drop last quarter that a positive string of results, the company is looking to get back on track with this earnings announcement. Before falling in the first quarter, revenue rose 56.1% in the second quarter of the last fiscal year, 6.2% in the third quarter of the last fiscal year and 14% in the fourth quarter of the last fiscal year.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 17, 2012 before market open

EPS: 21 cents

Revenue Estimate: $1.13 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)