Mattel Inc. Reveals 17% Gain In Q4 Profit

(RTTNews) - Mattel Inc. (MAT) reported earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line came in at $310.5 million, or $0.63 per share. This was up from $265.1 million, or $0.52 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.5% to $2.00 billion. This was up from $1.99 billion last year.

Mattel Inc. earnings at a glance:

-Earnings (Q4): $310.5 Mln. vs. $265.1 Mln. last year. -Earnings Growth (Y-o-Y): 17.1% -EPS (Q4): $0.63 vs. $0.52 last year. -EPS Growth (Y-o-Y): 21.2% -Analysts Estimate: $0.61 -Revenue (Q4): $2.00 Bln vs. $1.99 Bln last year. -Revenue Change (Y-o-Y): 0.5%