05:52 PM EDT, 10/23/2024 (MT Newswires) -- Mattel ( MAT ) reported Q3 adjusted earnings late Wednesday of $1.14 per diluted share, up from $1.08 per share a year earlier.

Analysts polled by Capital IQ expected $0.95.

Net sales for the quarter ended Sept. 30 fell to $1.84 billion from $1.92 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.86 billion.

For 2024, the company said it continues to expect adjusted EPS of $1.35 to $1.45. Analysts polled by Capital IQ expect $1.44.

Shares were up more than 4% in recent after-hours activity.

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