Core Viewpoint - Match Group has appointed Spencer Rascoff as the new CEO, effective immediately, succeeding Bernard Kim, who has stepped down from both the CEO position and the Board [1][3]. Group 1: Leadership Transition - Spencer Rascoff has been a member of Match Group's Board since March 2024 and is recognized for his extensive experience in scaling consumer technology businesses [1][5]. - Bernard Kim expressed gratitude for his time as CEO and confidence in Rascoff's leadership abilities [3]. Group 2: Spencer Rascoff's Background - Rascoff co-founded Zillow Group, where he served as CEO for over a decade, significantly increasing its market value and employee count [2][6]. - He has also co-founded Hotwire and Pacaso, showcasing his entrepreneurial skills in various sectors [2][6]. - His career includes experience in investment banking at Goldman Sachs and private equity at TPG Capital [7]. Group 3: Company Vision and Strategy - Match Group aims to enhance user experiences through AI-powered features and new product innovations, as outlined during their Investor Day in December [3]. - The company is focused on maintaining its leadership in the dating industry and driving long-term value for users and shareholders under Rascoff's leadership [3]. Group 4: Company Overview - Match Group operates a portfolio of over 20 brands, including Tinder, Hinge, OkCupid, and Pairs, designed to facilitate meaningful connections [1][9]. - The company's services are available in over 40 languages globally, catering to diverse user preferences [9].

Core Viewpoint - Match Group (MTCH) is expected to report its fourth-quarter 2024 results on February 4, with a consensus estimate for revenues at $856.04 million, indicating a 1.18% decrease year-over-year, while earnings per share (EPS) is estimated at 84 cents, reflecting a 3.70% growth year-over-year despite a 2.3% downward revision in the past 30 days [1][2]. Group 1: Financial Performance Expectations - The Zacks Consensus Estimate for fourth-quarter 2024 revenues is $856.04 million, suggesting a decrease of 1.18% from the previous year [2]. - The consensus mark for earnings is pegged at 84 cents per share, indicating a year-over-year growth of 3.70% [2]. - Match Group's earnings have beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 21.55% [3]. Group 2: Factors Influencing Performance - The fourth-quarter performance is expected to benefit from sustained investments in product development, enhancing user experience and engagement across platforms [4]. - Tinder's global expansion and localized features are likely to have increased the user base and created revenue growth opportunities [5]. - The company operates a diverse portfolio of over 45 brands, including Tinder, Match.com, and OkCupid, which cater to various user preferences and markets [6]. Group 3: Marketing and User Engagement - Targeted marketing strategies and advertising campaigns are anticipated to have increased brand visibility and attracted new users, contributing to growth [7]. - However, the company faced challenges with user registrations and reactivations, leading to a decline in monthly active users (MAU), particularly a 9% year-over-year decline in Tinder's MAU [8]. - Recent ALC initiatives launched by Tinder, while well-received, negatively impacted subscription revenues, which may affect fourth-quarter performance [9]. Group 4: Earnings Prediction Model - According to the Zacks model, Match Group has a positive Earnings ESP of +1.20% and a Zacks Rank 3, indicating a reasonable chance of an earnings beat [10].

Core Viewpoint - The market anticipates Match Group (MTCH) to report a year-over-year increase in earnings despite lower revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus EPS estimate for Match Group is $0.84 per share, reflecting a year-over-year increase of +3.7%, while revenues are projected to be $856.04 million, a decrease of 1.2% from the previous year [3]. - The consensus EPS estimate has been revised 2.69% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Match Group is higher than the consensus estimate, resulting in a positive Earnings ESP of +1.20%, indicating a likelihood of beating the consensus EPS estimate [10][11]. - Historical performance shows that Match Group has beaten consensus EPS estimates three out of the last four quarters, with a notable surprise of +10.87% in the last reported quarter [12][13]. Market Reaction Factors - The stock price may increase if the upcoming earnings report exceeds expectations, while a miss could lead to a decline [2]. - Management's discussion during the earnings call will significantly influence the sustainability of any immediate price changes and future earnings expectations [2][14]. Investment Considerations - Betting on stocks expected to beat earnings expectations can enhance the odds of success, making it important to check a company's Earnings ESP and Zacks Rank prior to quarterly releases [15]. - Match Group is viewed as a compelling candidate for an earnings beat, but investors should consider other influencing factors before making investment decisions [16].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Match To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Match between May 2, 2023 and November 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, ...

Analyst Background and Focus - The analyst is a buy-side equity research analyst with a background in growth and technology investing, but the research focus is industry agnostic [1] - The newsletter aims to share compelling investment ideas with the general public [1] Analyst's Position and Disclosure - The analyst holds a beneficial long position in MTCH through stock ownership, options, or other derivatives [1] - The article expresses the analyst's own opinions and is not compensated by any company mentioned [1]

Core Viewpoint - A class action lawsuit has been filed against Match Group, Inc. for allegedly making false and misleading statements regarding its Tinder platform and the recovery of its monthly active users [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Match Group downplayed the challenges faced by its Tinder platform, particularly the risk that its monthly active users would not recover by the third quarter of 2024 [3]. - The public statements made by Match Group during the class period are described as false and materially misleading, leading to investor damages when the truth was revealed [3]. Group 2: Investor Information - Shareholders who purchased shares of Match Group during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments, although such an appointment is not necessary to participate in any recovery [2]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through balanced counseling and aggressive advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].

Core Viewpoint - Match Group, Inc. is currently facing a securities fraud class action lawsuit, with a deadline for affected parties to contact legal representation by January 24, 2025 [1] Group 1 - The lawsuit is related to allegations of securities fraud against Match Group, Inc. [1] - Affected individuals are encouraged to reach out to Levi & Korsinsky for discussions regarding their rights [1] - The deadline for contacting legal counsel is set for January 24, 2025 [1]

Shareholders of Match Group, Inc. Should Contact Levi & Korsinsky Before January 24, 2025 to Discuss Your Rights - MTCH ...

INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Match Group ...

Shareholders that Lost Money on Match Group, Inc. (MTCH) Should Contact Levi & Korsinsky About Pending Class Action - MTCH ...