Lendingtree Inc reports results for the quarter ended in December - Earnings Summary

LendingTree

27/02/2023 14:31

* Lendingtree Inc  TREE.OQ  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended in December. The
mean expectation of ten analysts for the quarter was for a loss
of 34 cents per share.
    * Revenue fell 21.8% to $202.10 million from a year ago;
analysts
expected $208.14 million. 
    * Lendingtree Inc's reported EPS for the quarter was a loss
of 81
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lendingtree Inc shares had risen by 74.6% this quarter.
    * The company reported a quarterly loss of $10.4 million.
    * Wall Street's median 12-month price target for Lendingtree
Inc
is $40.00 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.34          0.38           Beat
 Sep. 30 2022      -1.00          -0.36          Beat
 Jun. 30 2022      0.34           0.59           Beat
 Mar. 31 2022      0.08           0.46           Beat