05:02 PM EDT, 07/23/2024 (MT Newswires) -- Mattel ( MAT ) reported Q2 adjusted earnings late Tuesday of $0.19 per diluted share, up from $0.10 per share a year earlier.

Analysts polled by Capital IQ expected $0.17.

Net sales for the quarter ended June 30 fell to $1.08 billion from $1.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.1 billion.

For 2024, the company said it continues to expect adjusted EPS of $1.35 to $1.45.

The consensus is for $1.41.

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