Why Investors Swiped Left on Match Group Stock Today [Yahoo! Finance]
Match Group, Inc. (MTCH)
Last match group, inc. earnings: 2/4 04:11 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.mtch.com/investor-relations
Company Research
Source: Yahoo! Finance
Analysts forecast the online dating app would earn $0.40 per share on $855.5 million in first-quarter sales. In fact, Match reported a profit 10% higher -- $0.44 per share -- and superior sales of $859.6 million. Its stock dropped anyway. Match Group Q1 earnings Those headline numbers hide some uncomfortable facts. Despite growing sales by 9%, Match suffered a 6% decline in paying subscribers, including a dramatic 14% slump in the company's biggest market, the Americas. Operating income fell 7% year over year -- primarily because of a 20% increase in marketing spend. Match did manage to grow its earnings by 5% year over year, but mainly because the company paid less income tax and repurchased more than 3% of its shares, helping to concentrate its earnings among fewer shares outstanding. Is Match stock a buy? Bad as all this sounds, things could still get worse. Match Group says revenue growth will slow to just 2% in Q2 ($850 million to $860 million), which would be much we
Show less
Read more
Impact Snapshot
Event Time:
MTCH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTCH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTCH alerts
High impacting Match Group, Inc. news events
Weekly update
A roundup of the hottest topics
MTCH
News
- Want Better Returns? Don't Ignore These 2 Retail-Wholesale Stocks Set to Beat Earnings [Yahoo! Finance]Yahoo! Finance
- Hinge Tests Limiting Unanswered Messages to Reduce Dating Burnout [Yahoo! Finance]Yahoo! Finance
- Hinge Tests Limiting Unanswered Messages to Reduce Dating BurnoutPR Newswire
- Match Group (MTCH) Reliance on International Sales: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Match Group, Inc. (NASDAQ: MTCH) had its price target lowered by analysts at Susquehanna from $46.00 to $45.00. They now have a "positive" rating on the stock.MarketBeat
MTCH
Earnings
- 5/7/24 - Beat
MTCH
Sec Filings
- 5/8/24 - Form 10-Q
- 5/7/24 - Form 144
- 5/7/24 - Form 8-K
- MTCH's page on the SEC website