Lendingtree Inc expected to post a loss of 34 cents a share - Earnings Preview

LendingTree

24/02/2023 19:37

* Lendingtree Inc  TREE.OQ   TREE.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 27. 
    * The Charlotte North Carolina-based  company is expected to
report  a 19.4% decrease in revenue to $208.137 million from
$258.29 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $202.00 million and $217.00 million.
    * ​Refinitiv's mean analyst estimate for Lendingtree Inc is
for a
loss of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 $40​, above​ its last closing price of $39.76. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD202 million and
USD14 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  
 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. 31 2021  -0.23       -0.30      -0.14     Beat    52.9
 ​​Sep.        0.55        0.57       0.75      Beat    31.3
 30 2021                                                
 Jun. 30 2021  0.10        0.13       0.76      Beat    489.7​
 Mar. 31 2021  -0.09       -0.12      0.18      Beat    251.3
 Dec. 31 2020  -0.17       -0.26      0.13      Beat    149.2
 This summary was machine generated February 24 at 19:36 GMT. 
All figures in US dollars  unless otherwise stated