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Tree.com (TREE) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-22 18:00
Investors might want to bet on Tree.com (TREE) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...
LendingTree: Buy The Dip, If Bullish On A 2025 Housing Recovery
Seeking Alpha· 2024-12-05 14:57
Even after an extended slide in recent months, shares in LendingTree, Inc. (NASDAQ: TREE ) are up by over 27% year-to-date. Over the past few months, TREE has nearly doubled in price, as the online platform for mortgages, insurance, and otherAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...
Kastle Named Winner of LendingTree's 2024 Innovation Challenge with Groundbreaking AI Voice Technology
Prnewswire· 2024-11-26 14:30
CHARLOTTE, N.C., Nov. 26, 2024 /PRNewswire/ -- LendingTree®, the nation's leading marketplace for loans, credit cards, and insurance and more, recently held the company's annual Lender Summit, bringing together America's top lenders and industry experts to discuss the challenges and opportunities available within the mortgage industry. During the event's annual Innovation Challenge, Kastle was named the winner with their AI Voice technology, a groundbreaking solution for the mortgage industry. Kastle Wi ...
LendingTree Partners With Coverdash to Launch Insurance Offering
ZACKS· 2024-11-21 14:26
Lending Tree, Inc. (TREE) partnered with Coverdash, the fastest-growing startup and small to medium-sized businesses (“SMB”) focused on insurtech broker. This partnership should enable Lending Tree to offer business insurance to its clients for the first time. This collaborative partnership broadens Lending Tree's range of financial products for SMBs, giving it a more effective and convenient way to meet the financial needs and obtain business insurance. With this collaboration, LendingTree has taken a sign ...
LendingTree, Inc. to Present at the Stephens Annual Investment Conference
Prnewswire· 2024-11-15 13:00
CHARLOTTE, N.C., Nov. 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will participate in the Stephens Annual Investment Conference taking place at the Grand Hyatt Nashville on November 19-21, 2024.Jason Bengel, Chief Financial Officer at LendingTree, and Andrew Wessel, SVP of Investor Relations and Corporate Development, are scheduled to participate in a fireside chat on Wednesday, No ...
LendingTree(TREE) - 2024 Q3 - Quarterly Report
2024-11-02 00:46
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34063 lendingtree LendingTree, Inc. (Exact name of Registrant as specified in its charter) Delaware 26-2414818 (State or ...
LendingTree Surpasses Q3 Earnings Estimates, Raises 2024 View
ZACKS· 2024-11-01 17:51
LendingTree, Inc.’s (TREE) third-quarter 2024 adjusted net income per share of 80 cents topped the Zacks Consensus Estimate of 67 cents. The figure compares favorably with the 61 cents reported in the prior-year quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.The results were driven by increased earnings before interest, taxes, depreciation and amortization (EBITDA). A rise in revenues acted as another tailwind. However, an increase in total cost was a spoilsport.The ...
LendingTree(TREE) - 2024 Q3 - Earnings Call Transcript
2024-11-01 01:03
LendingTree, Inc. (NASDAQ:TREE) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Andrew Wessel - SVP, IR &Corporate Development Doug Lebda - Chairman & CEO Jason Bengel - CFO Scott Peyree - COO & President of Marketplace Businesses Conference Call Participants Jed Kelly - Oppenheimer & Company Ryan Tomasello - KBW John Campbell - Stephens Inc. Jamie Friedman - Susquehanna International Group Robert Zeller - Truist Securities Melissa Wedel - JPMorgan Mike Grondahl - Northland ...
Tree.com (TREE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 23:01
Tree.com (TREE) reported $260.8 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 68%. EPS of $0.80 for the same period compares to $0.61 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $243.96 million, representing a surprise of +6.90%. The company delivered an EPS surprise of +19.40%, with the consensus EPS estimate being $0.67.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...
Tree.com (TREE) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-31 22:20
Tree.com (TREE) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.40%. A quarter ago, it was expected that this mortgage lending service provider would post earnings of $0.73 per share when it actually produced earnings of $0.54, delivering a surprise of -26.03%.Over the last four qu ...