Earnings To Watch: Bumble (BMBL) Reports Q3 Results Tomorrow
Online dating app Bumble (NASDAQ:BMBL) will be reporting results this Wednesday after market close. Here’s what to look for.
Bumble beat analysts’ revenue expectations by 1.3% last quarter, reporting revenues of $248.2 million, down 7.6% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates but a decline in its buyers. It reported 3.78 million active buyers, down 8.7% year on year.
Is Bumble a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Bumble’s revenue to decline 10.4% year on year to $245.1 million, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.54 per share.
Analysts covering the company have generally 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 three times over the last two years.
Looking at Bumble’s peers in the consumer subscription segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Roku delivered year-on-year revenue growth of 14%, meeting analysts’ expectations, and Udemy reported flat revenue, topping estimates by 1.4%. Roku traded up 6.2% following the results while Udemy was down 12.4%.
Read our full analysis of Roku’s results here and Udemy’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer subscription stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.2% on average over the last month. Bumble is down 8% during the same time and is heading into earnings with an average analyst price target of $6.53 (compared to the current share price of $5.44).
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