Earnings Outlook For Match Group
Portfolio Pulse from Benzinga Insights
Match Group (NASDAQ:MTCH) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.54. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $33.98, down 22.55% over the last 52-week period.
October 30, 2023 | 7:02 pm
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Match Group's upcoming earnings report could impact its stock price. Past performance shows a trend of price drops following earnings beats. The stock is currently down 22.55% over the last 52 weeks.
Match Group's stock price has historically dropped following earnings beats, indicating that investors may have high expectations for the company's performance. If the company fails to meet these expectations, the stock price could potentially drop. Additionally, the stock's overall downward trend over the past year may indicate bearish sentiment among investors.
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