Match Group (MTCH - Free Report) reported $829.55 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 4.4%. EPS of $0.48 for the same period compares to $0.89 a year ago.
The reported revenue represents a surprise of +2.24% over the Zacks Consensus Estimate of $811.4 million. With the consensus EPS estimate being $0.45, the EPS surprise was +6.67%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Match Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Payers - Total: 15630 thousand versus 15842.99 thousand estimated by eight analysts on average.
- Payers - Europe Payers: 4417 thousand versus 4385.77 thousand estimated by seven analysts on average.
- Payers - APAC and Other: 3496 thousand compared to the 3511.5 thousand average estimate based on seven analysts.
- RPP - Total: $17.41 versus $16.74 estimated by seven analysts on average.
- Payers - Americas: 7717 thousand versus 7951.86 thousand estimated by seven analysts on average.
- RPP - Americas: $18.57 versus $17.61 estimated by six analysts on average.
- RPP - Europe: $17.18 versus $16.30 estimated by six analysts on average.
- RPP - APAC and Other: $15.11 versus the six-analyst average estimate of $15.22.
- Revenue- Total Direct Revenue: $816.14 million versus $796.39 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.
- Revenue- Indirect Revenue: $13.42 million versus $14.94 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.
- Revenue- Direct Revenue- Tinder: $474.75 million compared to the $461.44 million average estimate based on five analysts.
View all Key Company Metrics for Match Group here>>>Shares of Match Group have returned +9.6% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Match Group (MTCH - Free Report) reported $829.55 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 4.4%. EPS of $0.48 for the same period compares to $0.89 a year ago.
The reported revenue represents a surprise of +2.24% over the Zacks Consensus Estimate of $811.4 million. With the consensus EPS estimate being $0.45, the EPS surprise was +6.67%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Match Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Payers - Total: 15630 thousand versus 15842.99 thousand estimated by eight analysts on average.
- Payers - Europe Payers: 4417 thousand versus 4385.77 thousand estimated by seven analysts on average.
- Payers - APAC and Other: 3496 thousand compared to the 3511.5 thousand average estimate based on seven analysts.
- RPP - Total: $17.41 versus $16.74 estimated by seven analysts on average.
- Payers - Americas: 7717 thousand versus 7951.86 thousand estimated by seven analysts on average.
- RPP - Americas: $18.57 versus $17.61 estimated by six analysts on average.
- RPP - Europe: $17.18 versus $16.30 estimated by six analysts on average.
- RPP - APAC and Other: $15.11 versus the six-analyst average estimate of $15.22.
- Revenue- Total Direct Revenue: $816.14 million versus $796.39 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.
- Revenue- Indirect Revenue: $13.42 million versus $14.94 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.
- Revenue- Direct Revenue- Tinder: $474.75 million compared to the $461.44 million average estimate based on five analysts.
View all Key Company Metrics for Match Group here>>>Shares of Match Group have returned +9.6% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Get the latest research report on MTCH - FREE