Mattel's third-quarter adjusted earnings surged 42.9% to $1.30 per share, crushing the $0.94 consensus estimate — yet the toy maker cut its full-year guidance and its shares fell 5.8% in after-hours trading. The November 5 report is a clean lesson in why the market trades the outlook, not the headline beat.
The quarter in numbers
Mattel (NASDAQ: MAT) reported Q3 2026 results after the...
