Match Group Q3 Earnings Preview: Time To Swipe Right Yet?
Portfolio Pulse from Surbhi Jain
Match Group Inc (NASDAQ:MTCH) is set to report its Q3 earnings on Oct. 31. The company generates revenue through subscription services, in-app purchases, and advertising. Wall Street analysts expect Match Group to report $0.54 in EPS and $881.14 million in revenue for Q3. The stock is currently trading at a P/E of 12.1. Over the past month, the stock has fallen by over 10% but was trading 1.75% higher to $34.64 at the time of publication.
October 31, 2023 | 2:24 pm
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Match Group is set to report its Q3 earnings. Analysts expect $0.54 in EPS and $881.14 million in revenue. The stock has fallen by over 10% over the past month but was trading 1.75% higher to $34.64 at the time of publication.
The upcoming earnings report is a significant event for Match Group. The stock has been under pressure recently, falling by over 10% in the past month. However, it was trading higher at the time of publication, suggesting some investor optimism ahead of the earnings release. The company's performance relative to analyst expectations will likely influence the stock's short-term price direction.
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