Match Group MTCH will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Match Group to report an earnings per share (EPS) of $0.48.
Anticipation surrounds Match Group's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.00, leading to a 13.21% increase in the share price on the subsequent day.
Here's a look at Match Group's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.48 | 0.40 | 0.49 | 0.54 |
EPS Actual | 0.48 | 0.44 | 0.81 | 0.57 |
Price Change % | 13.0% | -5.0% | 2.0% | -15.0% |
Stock Performance
Shares of Match Group were trading at $36.23 as of November 04. Over the last 52-week period, shares are up 22.86%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Match Group visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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