Lendingtree Inc expected to post a loss of 10 cents a share - Earnings Preview

LendingTree

28/04/2023 15:36

* Lendingtree Inc  TREE.OQ   TREE.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 2. 
    * The Charlotte North Carolina-based  company is expected to
report  a 26.9% decrease in revenue to $207.033 million from
$283.18 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. The company's guidance on
February 27 2023, for the period ended March 31, was for revenue
between $200.00 million and $210.00 million.
    * ​Refinitiv's mean analyst estimate for Lendingtree Inc is
for a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lendingtree
Inc
is $41​, above​ its last closing price of $22.75. ​​​

The company's guidance on February 27 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD200 million and USD16 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.31       -0.34      0.38      Beat    211.1
 Sep. 30 2022  -0.94       -1.00      -0.36     Beat    64
 Jun. 30 2022  0.08        0.34       0.59      Beat    71.5​
 Mar. 31 2022  0.07        0.08       0.46      Beat    491.4
 ​​Dec.        -0.23       -0.30      -0.14     Beat    52.9
 31 2021                                                
 Sep. 30 2021  0.55        0.57       0.75      Beat    31.3​
 Jun. 30 2021  0.10        0.13       0.76      Beat    489.7
 Mar. 31 2021  -0.09       -0.12      0.18      Beat    251.3
 This summary was machine generated April 28 at 14:36 GMT.  All
figures in US dollars  unless otherwise stated