Earnings Calendar: Match Group, Altice, Autohome, Cinemark, CarGurus, and Trivago

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Communication Services Stocks Reporting November 5th, 2019

The company behind dating websites like OkCupid, PlentyOfFish, Tinder, Hinge, and Match.com is expected to report earnings tomorrow. Here are the nine companies, including Match Group in the Communication Services sector that could move markets:

  1. Match Group, Inc.
  2. Altice USA, Inc.
  3. Autohome Inc.
  4. Cinemark Holdings, Inc.
  5. CarGurus, Inc.
  6. trivago N.V.
  7. Emerald Expositions Events, Inc.
  8. Boingo Wireless, Inc.
  9. Townsquare Media, Inc.

A quick note on methodology – analyst expectations are based on the median of analyst forecasts compiled by S&P Global Market Intelligence and sourced from finbox.com.

1. Match Group, Inc.

Match Group, Inc. (NASDAQGS:MTCH) is expected to report earnings of $0.45/share on $541.0 million in revenue tomorrow. Revenue and profits are both expected to grow over 15% over the prior year. The earnings estimates are based on a survey of 11 analysts.

Expected to report EPS growth of 15.4% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 541.0 443.9 21.9%
EPS 0.45 0.39 15.4%

On November 4, 2019, Match Group closed the day at $71.21/share down 2.45%. The stock is back trading at approximately the same stock price it was three months ago before the last earnings call when the stock price spiked up to around $90/share on the earnings beat primarily driven by the strength of Tinder. The app reported 5.2 million average subscribers in the quarter, 1.5 million more than last year.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.43 0.50 15.5% Beat
Q1, 2019 0.34 0.48 43.6% Beat
Q4, 2018 0.37 0.45 21.0% Beat
Q3, 2018 0.36 0.39 8.3% Beat
Company Profile: Match Group, Inc.

Match Group is a large-cap stock with a market capitalization of around $20 billion and a total enterprise value of $21.4 billion. The company operates in the Communication Services sector and Interactive Media & Services industry.

Match Group provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands.


2. Altice USA, Inc.

The street is expecting Altice USA Inc. (NYSE:ATUS) to report earnings of $0.16/share on $2.477 billion in revenue.

Expected to report EPS growth of 304.8% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 2,476.5 2,417.8 2.4%
EPS 0.16 0.04 304.8%

When the markets closed on November 4, 2019, Altice was trading at $31.61/share, up 0.6% for the day ahead of earnings. The company’s stock price is up around 20% over the last three months and over 90% for the year, so it’ll be interesting to see if it can keep rallying after tomorrow’s report.

Note, Atlice USA has missed analyst earnings expectations the last two times, but that hasn’t damped the rally.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.16 0.13 -18.8% Missed
Q1, 2019 0.08 -0.04 -150.0% Missed
Q4, 2018 0.11 0.30 172.7% Beat
Q3, 2018 0.01 0.04 300.0% Beat
Company Profile: Altice USA, Inc.

Altice USA, Inc. is a large-cap stock with a market capitalization of $20.5 billion and a total enterprise value of 45 billion. The company operates in the Communication Services sector and Media industry.

Altice provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers.


3. Autohome Inc.

Autohome Inc. (NYSE:ATHM) is expected to post earnings of $0.83/share for the company’s third fiscal quarter ending September 30, 2019. For the same quarter last year, the company reported an EPS of $0.89/share. In exchange for softer earnings, it’ll be necessary for the company to meet or beat revenue growth of target of around 13% for the quarter. The earnings estimates are based on a survey of 11 analysts.

Expected to report EPS decline of -6.8% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 306.1 271.2 12.9%
EPS 0.83 0.89 -6.8%

At market close, Autohome was trading at $89.58/share, up 1.9% for the day. The company’s stock price is up around 10% over the last month.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 1.02 1.02 -0.5% Missed
Q1, 2019 0.81 0.87 6.7% Beat
Q4, 2018 1.12 1.35 20.3% Beat
Q3, 2018 0.81 0.89 9.2% Beat
Company Profile: Autohome Inc.

Autohome Inc. is a large-cap stock with a market capitalization of $10.6 billion and a total enterprise value of around $9 billion. The company operates in the Communication Services sector and Interactive Media & Services industry.

Autohome operates as an online destination for automobile consumers in the People’s Republic of China. Through its websites, autohome.com.cn and che168.com, delivers interactive content to automobile buyers and owners, including company-generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming.

The company also offers an automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers’ suggested retail prices; new and used automobile listings, and promotional information; and user-generated content and forums.


4. Cinemark Holdings, Inc.

Cinemark Holdings (NYSE:CNK) is expected to post earnings of $0.47/share for the company’s third fiscal quarter ending September 30, 2019. For the same quarter last year, the company reported an EPS of $0.43/share. The company is also expected to report revenue growth of 7.3% for the quarter.

Expected to report EPS growth of 10.5% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 809.0 754.2 7.3%
EPS 0.47 0.43 10.5%

Cinemark was trading at $36.80/share, closing flat for the day ahead of earnings.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.79 0.86 9.6% Beat
Q1, 2019 0.27 0.28 3.7% Beat
Q4, 2018 0.44 0.17 -61.4% Missed
Q3, 2018 0.37 0.43 16.6% Beat
Company Profile: Cinemark Holdings, Inc.

Cinemark Holdings, Inc. is a mid-cap stock with a market capitalization of 4.3 billion and a total enterprise value of 7.2 billion. The company operates in the Communication Services sector and Entertainment industry.

Cinemark is in the motion picture exhibition business. As of October 10, 2019, it operated 549 theaters and 6,086 screens in 41 states of the United States, as well as in 15 countries in South and Central America.


5. CarGurus, Inc.

CarGurus Inc. (NASDAQGS:CARG) is expected to report earnings of $0.09/share on 148.0 million in revenue. Estimates based on 14 tracked analysts.

Expected to report EPS growth of 12.5% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 148.0 119.0 24.3%
EPS 0.09 0.08 12.5%

CarGurus traded at $34.34/share today, down 2.6%. Nevertheless, the company’s stock price is up over 13% over the last month, so a strong earnings beat should help the rally continue. The company has beat analyst expectations the previous four times.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.07 0.10 42.9% Beat
Q1, 2019 0.07 0.12 71.4% Beat
Q4, 2018 0.07 0.11 57.1% Beat
Q3, 2018 0.05 0.08 60.0% Beat
Company Profile: CarGurus, Inc.

CarGurus, Inc. is a mid-cap stock with a market capitalization of 3.832 billion and a total enterprise value of 3.744 billion. The company operates in the Communication Services sector and Interactive Media & Services industry.

CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States, Canada, the United Kingdom, Germany, Italy, and Spain. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace.


6. trivago N.V.

Trivago (NASDAQGS:TRVG) is expected to report earnings of $0.03/share on 283.9 million in revenue.

Expected to report EPS decline of -30.3% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 283.9 294.5 -3.6%
EPS 0.03 0.04 -30.3%

When the markets closed on November 4, 2019, trivago was trading at $3.39/share, down -0.3% for the day. It’s been a rough year for trivago investors since the company’s stock price is down around 40% year-to-date.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.02 0.03 14.0% Beat
Q1, 2019 0.04 0.04 -16.5% Missed
Q4, 2018 0.02 0.05 203.6% Beat
Company Profile: trivago N.V.

Trivago N.V. is a small-cap stock with a market capitalization of 1.2 billion and a total enterprise value of 1 billion. The company operates in the Communication Services sector and Interactive Media & Services industry.

The company provides customers with a search platform for hotels and accommodation. It offers online meta-search for hotels by facilitating consumers’ search for hotel accommodation through online travel agents, hotel chains, and independent hotels.


7. Emerald Expositions Events, Inc.

Emerald Expositions Events (NYSE:EEX) is forecast to report earnings of $0.14/share on 79.4 million in revenue.

Expected to report EPS decline of -67.8% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 79.4 103.1 -23.0%
EPS 0.14 0.42 -67.8%

At market close, Emerald Expositions Events was trading at $10.17/share, up 4.0% for the day.

Company Profile: Emerald Expositions Events, Inc.

Emerald Expositions Events, Inc. is a small-cap stock with a market capitalization of 732.1 million and a total enterprise value of 1.3 billion. The company operates in the Media industry.

Emerald operates business-to-business (B2B) trade shows in the United States in various industry sectors, including gift, home, and general merchandise; sports; design and construction; technology; jewelry; and others, such as photography, food, healthcare, industrials, and military.


8. Boingo Wireless, Inc.

Boingo Wireless (NASDAQGS:WIFI) is expected to report earnings of -$0.13/share on 62.7 million in sales.

Expected to report EPS for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 62.7 65.3 -3.9%
EPS -0.13 -0.01 NM

At market close, Boingo Wireless was trading at $8.90/share, down 4.1% for the day. It’s been a rough year for Boingo’s investors as the company’s market capitalization has lost over 60% of its value over the last nine months.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 -0.08 0 -100.0% Missed
Q1, 2019 -0.15 -0.12 -20.0% Missed
Q4, 2018 -0.08 0.01 -112.5% Missed
Q3, 2018 -0.06 -0.01 -81.8% Missed
Company Profile: Boingo Wireless, Inc.

Boingo Wireless, Inc. is a small-cap stock with a market capitalization of 392.6 million and a total enterprise value of 511.9 million. The company operates the Wireless Telecommunication Services industry.

Boingo provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. The company offers distributed antenna systems and small cell networks at managed and operated locations; high-speed Wi-Fi services for residential consumers on military bases and at multifamily properties; and wholesale Wi-Fi services to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as retail Internet access services.


9. Townsquare Media, Inc.

Townsquare Media (NYSE:TSQ) is expected to post earnings of $0.33/share for the company’s third fiscal quarter ending September 30, 2019. For the same quarter last year, the company reported an EPS of $0.36/share. The company is also expected to report a revenue decline of -3.7% for the quarter.

Expected to report EPS decline of -8.3% for Q3, 2019
Metric Expected Prior Year YoY Change
Revenue 109.9 114.1 -3.7%
EPS 0.33 0.36 -8.3%

At market close, Townsquare Media was trading at $7.13/share, up 3.5% for the day.

Analyst Expected vs Reported EPS
Quarter Expected Reported Surprise Result
Q2, 2019 0.36 0.37 2.1% Beat
Q1, 2019 0.11 0.09 -18.2% Missed
Q4, 2018 0.26 0.26 0.0% Match
Q3, 2018 0.36 0.36 0.0% Match
Company Profile: Townsquare Media, Inc.

Townsquare Media, Inc. is a micro-cap stock with a market capitalization of 135.2 million and total enterprise value of 675.6 million. The company operates in the Communication Services sector and Media industry.

Townsquare operates as a radio, digital media, entertainment, and digital marketing solutions company in small and mid-sized markets. The company provides advertising and marketing solutions to advertisers and businesses through its radio stations, Websites, radio stations’ online streams, and mobile applications.

Expertise: financial modeling, mergers & acquisitions. Andy is also a founder at finbox.io, where he’s focused on building tools that make it faster and easier for investors to do investment research. Andy’s background is in investment banking where he led the analysis on over 50 board advisory engagements involving mergers and acquisitions, fairness opinions and solvency opinions. Some of his board advisory highlights: - Sears Holdings Corp.’s $620 mm spin-off via rights offering of Sears Outlet, Hometown Stores and Sears Hardware Stores. - Cerberus Capital Management’s $3.3 bn acquisition of SUPERVALU Inc.’s New Albertsons, Inc. assets. Andy can be reached at andy@finbox.io or at +1 (516) 778-6257.

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