LendingTree Q2 revenue rises 25%, but fails to impress investors

LendingTree

29/07/2026 21:30

Overview
U.S. online financial marketplace's Q2 revenue grew 25% yr/yr, slightly missing analyst expectations
Adjusted EBITDA rose for eighth straight quarter, reflecting double-digit yr/yr growth
Insurance segment strength offset by weaker consumer segment due to lower small business loan demand
Shares of the company were down about 7% in extended trading

Outlook
LendingTree sees full-year 2026 revenue of $1.30 bln to $1.32 bln
Company expects Q3 revenue between $325 mln and $335 mln
Company expects sequential revenue growth through the remainder of the year

Result Drivers
INSURANCE SEGMENT - Insurance revenue rose 42% yr/yr and segment profit increased 25%, driving overall growth
CONSUMER SEGMENT WEAKNESS - Consumer revenue fell 4% yr/yr and profit declined 14%, due to suppressed small business loan demand
HOME EQUITY GROWTH - Home equity revenue rose 15% yr/yr, partially offsetting profit decline in Home segment

Company press release: ID:nPn6TQYW6a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$313.40 mln
$315.60 mln (6 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer lending peer group is "buy"
Wall Street's median 12-month price target for Lendingtree Inc is $65.00, about 58.5% above its July 28 closing price of $41.00
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)