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Match Group (MTCH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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Match Group (MTCH - Free Report) reported $866.23 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.2%. EPS of $0.81 for the same period compares to $0.30 a year ago.
The reported revenue represents a surprise of +0.58% over the Zacks Consensus Estimate of $861.25 million. With the consensus EPS estimate being $0.49, the EPS surprise was +65.31%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: 15,186 thousand compared to the 15,480.69 thousand average estimate based on seven analysts.
Payers - Europe Payers: 4,459 thousand compared to the 4,540.71 thousand average estimate based on six analysts.
Payers - APAC and Other: 3,610 thousand versus 3,591.24 thousand estimated by six analysts on average.
Revenue Per Payer (RPP) - Total: $18.67 versus the six-analyst average estimate of $18.18.
Payers - Americas: 7,117 thousand versus the six-analyst average estimate of 7,441.57 thousand.
Revenue Per Payer (RPP) - Americas: $21.24 versus the five-analyst average estimate of $19.88.
Geographic Revenue- Direct Revenue- Europe: $241.20 million compared to the $247.85 million average estimate based on six analysts. The reported number represents a change of +14.7% year over year.
Geographic Revenue- Direct Revenue- Americas: $453.50 million versus $445.25 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
Geographic Revenue- Direct Revenue- APAC and Other: $156.06 million versus $157.13 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
Revenue- Total Direct Revenue: $850.76 million versus the eight-analyst average estimate of $847.12 million. The reported number represents a year-over-year change of +10.3%.
Revenue- Indirect Revenue: $15.47 million versus the eight-analyst average estimate of $13.90 million. The reported number represents a year-over-year change of +2.7%.
Revenue- Direct Revenue- Tinder: $493.22 million versus the five-analyst average estimate of $491.68 million.
Shares of Match Group have returned +5.2% over the past month versus the Zacks S&P 500 composite's +3.4% 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) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Match Group (MTCH - Free Report) reported $866.23 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.2%. EPS of $0.81 for the same period compares to $0.30 a year ago.
The reported revenue represents a surprise of +0.58% over the Zacks Consensus Estimate of $861.25 million. With the consensus EPS estimate being $0.49, the EPS surprise was +65.31%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: 15,186 thousand compared to the 15,480.69 thousand average estimate based on seven analysts.
- Payers - Europe Payers: 4,459 thousand compared to the 4,540.71 thousand average estimate based on six analysts.
- Payers - APAC and Other: 3,610 thousand versus 3,591.24 thousand estimated by six analysts on average.
- Revenue Per Payer (RPP) - Total: $18.67 versus the six-analyst average estimate of $18.18.
- Payers - Americas: 7,117 thousand versus the six-analyst average estimate of 7,441.57 thousand.
- Revenue Per Payer (RPP) - Americas: $21.24 versus the five-analyst average estimate of $19.88.
- Geographic Revenue- Direct Revenue- Europe: $241.20 million compared to the $247.85 million average estimate based on six analysts. The reported number represents a change of +14.7% year over year.
- Geographic Revenue- Direct Revenue- Americas: $453.50 million versus $445.25 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
- Geographic Revenue- Direct Revenue- APAC and Other: $156.06 million versus $157.13 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
- Revenue- Total Direct Revenue: $850.76 million versus the eight-analyst average estimate of $847.12 million. The reported number represents a year-over-year change of +10.3%.
- Revenue- Indirect Revenue: $15.47 million versus the eight-analyst average estimate of $13.90 million. The reported number represents a year-over-year change of +2.7%.
- Revenue- Direct Revenue- Tinder: $493.22 million versus the five-analyst average estimate of $491.68 million.
View all Key Company Metrics for Match Group here>>>Shares of Match Group have returned +5.2% over the past month versus the Zacks S&P 500 composite's +3.4% 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.