Dating app Bumble is set to release its first full-year earnings report since debuting last year, but is it time to buy for investors?
Online dating platform Bumble (NASDAQ: BMBL) is set to release its Q4 and full-year 2021 earnings later this week. The company has had a rough first year on the public market since its IPO in February 2021. A high of $76.49 within its first few days has never been topped, with the firm on a largely downward trajectory since.
Now, with its stock at its lowest point, can a positive earnings report reverse its fortunes?
When is Bumble’s Q4 earnings date?
Bumble is set to report its fourth-quarter and full-year 2021 earnings at 4:30 PM EST on Tuesday, March 8, 2022.
How do I listen to Bumble’s earnings call?
Bumble’s earnings call will be webcast live by the company and can be accessed here. A full replay of the webcast will also be made available approximately two hours following the session. The earnings release and all related materials will all be made available on the company’s investor relations page.
What to expect from Bumble’s earnings
Analysts are expecting Bumble to report earnings per share (EPS) of $0.00 on revenue of $210.29 million. This would represent a small increase from a loss per share of $0.01 in the year-ago quarter, and revenue growth of 27% in the same period respectively.
Bumble stock hit an all-time low last week following one of its worst trading days. Thursday saw the stock drop by 14.5% in a rapid sell-off. Surprisingly, some of this volatility appears to be linked to the current Russia-Ukraine war, with the company having direct exposure to both regions. ‘Badoo,’ one of the company’s dating apps, currently generates significant revenue for the firm in these areas. One prominent investment bank estimates that anywhere between $20 million and $25 million in revenue from those regions could be affected by the war.
Outside of this, Bumble is continuing to grow its revenue. This growth has, however, been slowing over the past three quarters so investors will be eager to see if Bumble can flip the script. MAtching analyst expectations of 27% growth would see a reversal of this trend and could signal something of a comeback from a firm experiencing its lowest price since its 2021 IPO.
Shareholders will be awaiting word on how the company is handling the shift away from pandemic life, as in-person dating becomes more regular once again. Focus will also be put on how well the firm has captured new customers within a highly contested market. Finally, following its successful acquisition of the French dating app ‘Fruitz,’ investors will want to hear positive guidance on the company’s plans for growth across Europe. Much will be made of Bumble’s outlook for the coming quarter. With the company already in the red, investors might not be able to handle any more negativity.