Bumble (BMBL) Reports Q1: Everything You Need To Know Ahead Of Earnings

Online dating app Bumble (NASDAQ:BMBL) will be reporting results tomorrow after market hours. Here's what to look for.

Bumble met analysts' revenue expectations last quarter, reporting revenues of $273.6 million, up 13.2% year on year. It was a weak quarter for the company, with underwhelming revenue guidance for the next quarter and slow revenue growth. It reported 3.97 million active buyers, up 16.4% year on year.

Is Bumble a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Bumble's revenue to grow 9.3% year on year to $265.5 million, slowing from the 15.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.16 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Bumble has missed Wall Street's revenue estimates four times over the last two years.

Looking at Bumble's peers in the consumer subscription segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Coursera delivered year-on-year revenue growth of 14.5%, meeting analysts' expectations, and Chegg reported a revenue decline of 7.1%, in line with consensus estimates. Coursera traded down 14.1% following the results while Chegg was also down 28.1%.

Read our full analysis of Coursera's results here and Chegg's results here.

Investors in the consumer subscription segment have had steady hands going into earnings, with share prices flat over the last month. Bumble is down 1.1% during the same time and is heading into earnings with an average analyst price target of $15.2 (compared to the current share price of $10.48).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.