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via finance.yahoo.comBusiness & Companies

Mattel's Q3 EPS outperformance driven by lower expenses and tax rate, UBS says

FROM THE WIRE · FINANCE.YAHOO.COM

Mattel (MAT) Q3 EPS outperformance was mainly driven by lower selling, general and administrative ex Keep reading this article with Yahoo Finance Plus Silver Upgrade to Silver Silver Premium news Full access to Financial Times and MT Newswires articles Stock picks Expert picks…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn EPS beat can support the Mattel stock, although the driver is costs and tax rather than sales.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Mattel's Q3 EPS outperformance was mainly driven by lower selling, general and administrative expenses.
  2. 02A lower tax rate also contributed to the result.
  3. 03The assessment is attributed to UBS.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Mattel, Inc.MATStock15.54 USD-0.92%today +3.77%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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