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Compared to Estimates, Match Group (MTCH) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Match Group (MTCH - Free Report) reported revenue of $864.07 million, up 4.2% over the same period last year. EPS came in at $0.48, compared to $0.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $856.17 million, representing a surprise of +0.92%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.48.
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
: 14.84 million versus 14.81 million estimated by six analysts on average.
Payers - Europe Payers
: 4.5 million compared to the 4.53 million average estimate based on five analysts.
Payers - APAC and Other
: 3.61 million versus the five-analyst average estimate of 3.55 million.
Revenue Per Payer (RPP) - Total
: $19.05 compared to the $18.86 average estimate based on five analysts.
Payers - Americas
: 6.74 million versus 6.71 million estimated by five analysts on average.
Revenue Per Payer (RPP) - Americas
: $22.30 versus the four-analyst average estimate of $21.54.
Geographic Revenue- Direct Revenue- Europe
: $240.19 million versus $244.55 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +5.5% change.
Geographic Revenue- Direct Revenue- Americas
: $450.55 million versus the five-analyst average estimate of $436.70 million. The reported number represents a year-over-year change of +4.8%.
Geographic Revenue- Direct Revenue- APAC and Other
: $157.39 million versus $154.59 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -0.7% change.
Revenue- Total Direct Revenue
: $848.13 million versus the six-analyst average estimate of $841.83 million. The reported number represents a year-over-year change of +3.9%.
Revenue- Indirect Revenue
: $15.93 million versus the six-analyst average estimate of $14.77 million. The reported number represents a year-over-year change of +18.8%.
Revenue- Direct Revenue- Tinder
: $479.95 million versus the five-analyst average estimate of $476.34 million. The reported number represents a year-over-year change of +1.1%.
Shares of Match Group have returned +13.2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Match Group (MTCH) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Match Group (MTCH - Free Report) reported revenue of $864.07 million, up 4.2% over the same period last year. EPS came in at $0.48, compared to $0.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $856.17 million, representing a surprise of +0.92%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.48.
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:
View all Key Company Metrics for Match Group here>>>Payers - Total
: 14.84 million versus 14.81 million estimated by six analysts on average.Payers - Europe Payers
: 4.5 million compared to the 4.53 million average estimate based on five analysts.Payers - APAC and Other
: 3.61 million versus the five-analyst average estimate of 3.55 million.Revenue Per Payer (RPP) - Total
: $19.05 compared to the $18.86 average estimate based on five analysts.Payers - Americas
: 6.74 million versus 6.71 million estimated by five analysts on average.Revenue Per Payer (RPP) - Americas
: $22.30 versus the four-analyst average estimate of $21.54.Geographic Revenue- Direct Revenue- Europe
: $240.19 million versus $244.55 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +5.5% change.Geographic Revenue- Direct Revenue- Americas
: $450.55 million versus the five-analyst average estimate of $436.70 million. The reported number represents a year-over-year change of +4.8%.Geographic Revenue- Direct Revenue- APAC and Other
: $157.39 million versus $154.59 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -0.7% change.Revenue- Total Direct Revenue
: $848.13 million versus the six-analyst average estimate of $841.83 million. The reported number represents a year-over-year change of +3.9%.Revenue- Indirect Revenue
: $15.93 million versus the six-analyst average estimate of $14.77 million. The reported number represents a year-over-year change of +18.8%.Revenue- Direct Revenue- Tinder
: $479.95 million versus the five-analyst average estimate of $476.34 million. The reported number represents a year-over-year change of +1.1%.Shares of Match Group have returned +13.2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.