Wall Street analysts expect Match Group (MTCH) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year increase of 63.3%. Revenues are expected to be $862.05 million, up 9.7% from the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a comp ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Match Group (MTCH) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 30 ...

Business: Match Group provides dating products worldwide. Their portfolio of brands includes Tinder, Match, The League, Azar, Meetic, OkCupid, Hinge, Pairs, Plenty Of Fish and Hakuna, as well as various other brands. Their services are available in over 40 languages to users all over the world.Activist Commentary: Elliott is a very successful and astute activist investor. The firm's team includes analysts from leading tech private equity firms, engineers, operating partners – former technology CEOs and COOs ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

DALLAS, Jan. 9, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced that Faye Iosotaluno, who currently serves as Chief Operating Officer of Tinder, has been appointed Tinder's Chief Executive Officer, effective immediately. Iosotaluno will continue to report to Bernard Kim, Match Group CEO.  Faye Iosotaluno, CEO of Tinder Iosotaluno is a proven technology executive with a deep understanding of both the Tinder and Match Group businesses, having worked in various strategy, operational and lea ...

Shares of Match Group (MTCH 2.52%) climbed as much as 12% early Tuesday, then settled to trade up around 2% as of 2:45 p.m. ET after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a roughly $1 billion stake in the company. That's a massive stake considering Match Group's entire market cap stands around $10.5 billion as of this writing.Do Elliott and Match make a perfect pair?The owner of Tinder, Hinge, and its namesake online dating website, Match has struggled ...

Match (NASDAQ:MTCH) stock opened higher by about 11% but has since given up most of its gains. This morning, the Wall Street Journal reported that Paul Singer’s Elliott Management had invested approximately $1 billion into the dating services company. Elliott will take an activist stance with Match, who is the parent company behind Tinder and Hinge. The investor’s plans for Match have not yet been publicized. “Our team regularly engages with investors, and will continue to work to create great experiences f ...

Match Group (NASDAQ:MTCH), the company behind popular dating apps like Tinder, is in focus today on reports that activist investor Elliott Investment Management has started to build a stake in the firm. Led by billionaire Paul Singer, Elliott is known as an “activist investor” and often pushes companies to implement significant changes. MTCH stock is up about 3% on the news as of this writing.Elliott has obtained a stake of roughly $1 billion in Match Group, Barron’s reports, citing unnamed sources. Further ...

(L-R) Gary Swidler, chief financial officer of Match Group, Greg Blatt, chairman of Match Group, Sam Yagan, CEO of Match Group and co-founder and CEO of OkCupid and Nelson Griggs, vice president of Nasdaq, pose for a photo in Times Square after celebrating Match Group's initial public offering (IPO) at the NASDAQ stock exchange on November 20, 2015 in New York City.Tinder-owner Match jumped 13% in pre-market trading Tuesday after the Wall Street Journal reported that Elliott Management, the activist investi ...

Activist investor Elliott Investment Management is looking to enforce change at Tinder and Hinge after building a roughly US$1 billion in owner Match Group (NASDAQ:MTCH). As per the Wall Street Journal, Elliot plans to improve performance at Match, alongside taking steps to reinvigorate shares in the company, which sit 80% down on highs seen during the pandemic. Specific details on how Elliot will reignite the stock are yet to be revealed, though the US$1 billion stake is said to have placed Elliot as one o ...