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What's Ahead Wednesday: Can Mattel Tell a Good Story With First Quarter Results?

The big question for Wednesday April 20, will be whether Barbie can help Mattel beat bleak expectations.
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In 'What's Ahead on Wall Street' for Wednesday April 20, we continue to hear from more companies on their latest financial performance. Some of the ones investors will focus on are Coca-Cola (KO) - Get Coca-Cola Company (The) Report , EMC (EMC) , Illinois Tool Works (ITW) - Get Illinois Tool Works Inc. Report , American Express (AXP) - Get American Express Company Report , Mattel (MAT) - Get Mattel Inc. Report , and Yum! Brands (YUM) - Get Yum! Brands Inc. Report . When Mattel reports its latest results, Wall Street expects the toy maker to post a loss of 7 cents a share on revenue of around $860 million. The top line is projected to go down while the bottom line is anticipated to go up. Overall, its core brands like Barbie and Hot Wheels are expected to do well but foreign currency remains a challenge. On the economic calendar, investors will get MBA mortgage applications data early in the morning, followed by existing home sales and the weekly oil inventory data. The Street's U-Jin Lee reports from Wall Street.

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