Media and internet firm IAC will report earnings on Tuesday after the market closes. Analysts on Wall Street are expecting earnings of 69 cents a share, while revenue is expected to increase 18 percent to $757 million.
IAC/Interactive has more than 150 brands and products, including Match.com which makes up a significant amount of the company's revenue. Match.com's growth rates have come under pressure recently partly due to competitive pressures from rivals like eHarmony.
(Read More: Earnings Preview: Media Giants in the Spotlight)
Victor Anthony, analyst at Topeka Capital Markets says Match.com has benefited from three specific trends: Social media, the tough economy, and more single people in the U.S.
Anthony goes on to explain that social media has made consumers more open to sharing personal information. And that the slowdown in the economy has pushed consumers to find a cost effective solution to dating. Finally, recent studies show that the unmarried population in the U.S. has increased over the last 20 years (from 40 percent to 47 percent) creating a larger audience for Match.com.
Topeka Capital Markets has a "buy" rating on shares of IAC with a $60 price target.