05:07 PM EST, 02/04/2025 (MT Newswires) -- Mattel ( MAT ) reported Q4 adjusted earnings late Tuesday of $0.35 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.20.

Net sales in the three months ended Dec. 31 rose to $1.65 billion from $1.62 billion a year earlier.

Analysts surveyed by FactSet expected $1.63 billion.

For 2025, the company expects adjusted EPS of $1.66 to $1.72. The consensus is for $1.57.

Mattel ( MAT ) forecast full-year net sales growth of 2% to 3% on a constant currency basis.

The company's shares jumped 8.9% in after-hours activity.