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

LendingTree

03/11/2022 15:53

* Lendingtree Inc  TREE.OQ  reported a quarterly adjusted
loss
of 36 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was for a loss
of 100 cents per share.
    * Revenue fell 20% to $237.84 million from a year ago;
analysts
expected $240.18 million. 
    * Lendingtree Inc's reported EPS for the quarter was a loss
of
$12.44​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lendingtree Inc shares had fallen by 5.6% this quarter and
lost 81.6% so far this year.
    * The company reported a quarterly loss of $158.68 million.
    * Wall Street's median 12-month price target for Lendingtree
Inc
is $59.00 
    * 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 November
3 at 03:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -1.00          -0.36          Beat
 Jun. 30 2022      0.34           0.59           Beat
 Mar. 31 2022      0.08           0.46           Beat
 Dec. 31 2021      -0.30          -0.14          Beat