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Here's What to Look for When Tinder Parent Match Group Reports Earnings

TheMotleyFool 
0 0 31.07.17
Here's What to Look for When Tinder Parent Match Group Reports Earnings
 
Here's What to Look for When Tinder Parent Match Group Reports Earnings

Investors will be keen to see how Tinder, the fastest-growing dating app on the planet, is doing when Match Group, Inc. (NASDAQ: MTCH) reports earnings on Aug. 1. Match Group, the parent company of Tinder, is home to over 45 dating websites and mobile apps. Each service is tailored to certain demographics and gives users the choice of a free ad-supported version of the product or an upgraded monthly subscription service without ads and more features.

Match Group's management stated in the first quarter's earnings report that it expects total revenue for the company to be between $303 million and $313 million for the second quarter, a 12% year-over-year increase at the midpoint of guidance and up 3% from last quarter. 

Wall Street analysts have a consensus estimate of $0.19 per share for Q2 earnings.

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Source: Fool.com

Match Group Inc old Stock

€94.85
0.960%
The Match Group Inc old stock is trending slightly upwards today, with an increase of €1.09 (0.960%) compared to yesterday's price.

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