Lendingtree Inc expected to post earnings of 30  cents a share - Earnings Preview

LendingTree

25/07/2023 19:34

* Lendingtree Inc  TREE.OQ   TREE.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 27. 
    * The Charlotte North Carolina-based  company is expected to
report  a 26.1% decrease in revenue to $193.638 million from
$261.92 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. The company's guidance on
May 2 2023, for the period ended June 30, was for revenue
between $190.00 million and $200.00 million.
    * ​Refinitiv's mean analyst estimate for Lendingtree Inc is
for
earnings of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $24​, below​ its last closing price of $27.45. ​​​

The company's guidance on May 2 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD190 million and USD22 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  
 Mar. 31 2023  -0.10       -0.10      0.25      Beat    338.1
 Dec. 31 2023  -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.        0.07        0.08       0.46      Beat    491.4
 31 2022                                                
 Dec. 31 2021  -0.23       -0.30      -0.14     Beat    52.9​
 Sep. 30 2021  0.55        0.57       0.75      Beat    31.3
 Jun. 30 2021  0.10        0.13       0.76      Beat    489.7
 This summary was machine generated July 25 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated