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Bumble (BMBL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended June 2024, Bumble Inc. (BMBL - Free Report) reported revenue of $268.62 million, up 3.4% over the same period last year. EPS came in at $0.22, compared to $0.05 in the year-ago quarter.
The reported revenue represents a surprise of -1.73% over the Zacks Consensus Estimate of $273.34 million. With the consensus EPS estimate being $0.15, the EPS surprise was +46.67%.
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 Bumble performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Bumble App Paying Users
: 2.82 million compared to the 2.8 million average estimate based on four analysts.
Total Paying Users
: 4.14 million versus 4.12 million estimated by four analysts on average.
Bumble App Average Revenue per Paying User
: $25.79 compared to the $26.21 average estimate based on four analysts.
Total Average Revenue per Paying User
: $21.37 versus the four-analyst average estimate of $21.78.
Badoo App and Other Average Revenue per Paying User
: $11.93 versus $12.39 estimated by three analysts on average.
Badoo App and Other Paying Users
: 1.32 million versus the three-analyst average estimate of 1.32 million.
Revenue- Badoo App and Other
: $50.60 million compared to the $52.02 million average estimate based on four analysts. The reported number represents a change of -2.3% year over year.
Revenue- Bumble App
: $218 million versus $220.38 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.8% change.
Shares of Bumble have returned -17.6% over the past month versus the Zacks S&P 500 composite's -5.9% 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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Bumble (BMBL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended June 2024, Bumble Inc. (BMBL - Free Report) reported revenue of $268.62 million, up 3.4% over the same period last year. EPS came in at $0.22, compared to $0.05 in the year-ago quarter.
The reported revenue represents a surprise of -1.73% over the Zacks Consensus Estimate of $273.34 million. With the consensus EPS estimate being $0.15, the EPS surprise was +46.67%.
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 Bumble 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 Bumble here>>>Bumble App Paying Users
: 2.82 million compared to the 2.8 million average estimate based on four analysts.Total Paying Users
: 4.14 million versus 4.12 million estimated by four analysts on average.Bumble App Average Revenue per Paying User
: $25.79 compared to the $26.21 average estimate based on four analysts.Total Average Revenue per Paying User
: $21.37 versus the four-analyst average estimate of $21.78.Badoo App and Other Average Revenue per Paying User
: $11.93 versus $12.39 estimated by three analysts on average.Badoo App and Other Paying Users
: 1.32 million versus the three-analyst average estimate of 1.32 million.Revenue- Badoo App and Other
: $50.60 million compared to the $52.02 million average estimate based on four analysts. The reported number represents a change of -2.3% year over year.Revenue- Bumble App
: $218 million versus $220.38 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.8% change.Shares of Bumble have returned -17.6% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.