12:53 PM EST, 11/07/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

Match Group's ( MTCH ) shares were down more than 18% in recent Thursday trading, a day after the company reported Q3 earnings of $0.51 per share, down from $0.57 a year earlier.

Analysts surveyed by Capital IQ expected $0.48.

Revenue for the quarter ended Sept. 30 was $895.5 million, up from $881.6 million a year earlier.

Analysts surveyed by Capital IQ expected $900.9 million.

The company said it expects Q4 revenue of $865 million to $875 million. Analysts polled by Capital IQ expect $899.7 million.

Price: 30.93, Change: -6.96, Percent Change: -18.36