Match Group Q2 2024 Adj GAAP EPS $0.48, Inline, Sales $864.00M Beat $856.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Match Group (NASDAQ:MTCH) reported Q2 2024 earnings per share of $0.48, meeting analyst expectations. The company also reported sales of $864.00 million, surpassing the $856.40 million estimate and marking a 4.15% increase from the same period last year.
July 30, 2024 | 8:13 pm
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Match Group reported Q2 2024 earnings per share of $0.48, meeting analyst expectations. The company also reported sales of $864.00 million, surpassing the $856.40 million estimate and marking a 4.15% increase from the same period last year.
The earnings per share met expectations, which is neutral news, but the sales beat and year-over-year growth are positive indicators. This should have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100