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“American Girl” and “Monster High” Push Profits Higher at Mattel

Dan Berman
Hot Stock Minute

First we have Mattel (MAT) which has reported better-than-expected earnings this morning. Right now the company is up 2.4% in premarket trading. Earnings were 11-cents a share versus expectations of 9-cents. Revenue was just shy of $1-billion dollars. The maker of Barbie says "American Girl" was the standout in its portfolio. "Monster High" dolls are also selling well, as are traditional toys like hot wheels. The stock has been trading near its 52-week high. It's up 26% over the last year, and has more than doubled in the past five years.

Next up is American Express (AXP), which is reporting after the bell. The company is expected to report adjusted earnings of $1.12 per share on revenue of $8.01 billion. That would be an increase from last year when it made $1.07 a share on less revenue. The strength of the company's core business is considered an indicator of how affluent consumers are faring. Keep in mind retail sales were down .4% last month. American Express hit its 52-week high at the start of the month. It's up nearly 12% over the past year.

Also reporting after the bell is eBay (EBAY). The company is expected to post earnings of 62-cents a share. That would be 13% increase. eBay claims to have 100-million active users, but analysts worry the company may be seeing a slowdown in traffic, so the real strength may be coming from its PayPal unit. eBay was up more than 2% yesterday, coming within about a-dollar of its 52-week high.

Finally we look at Intel (INTC). The company missed estimates by a penny when it reported earnings after yesterday's closing bell. Perhaps more importantly, they were down to 40-cents a share from 53-cents a year earlier. But the company says it's seeing growth in ultrabooks and tablets which is offsetting declines in PCs. By the way, also reporting after yesterday's bell was Yahoo (YHOO), which beat on earnings posting 38-cents a share compared to 24-cents last year. But revenue was basically flat at just over $1-billion. Display advertising was down 11%.