LendingTree climbs after Q3 profit beat

LendingTree

31/10/2023 13:15

** Shares of digital lender LendingTree  TREE.O  climb 6.6%
to $11.80 before the bell
    ** Co reports adjusted profit of 61 cents/shr, vs LSEG
estimate of 35 cents/shr
    ** Results boosted by stronger margins in consumer and
insurance units, co says
    ** Stock down by ~50% YTD, as of last close  

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))