▪ Revenue: $230 - $260 million ▪ Adjusted EBITDA: $23 - $27 million Q2.2024 6 Our company is proving the benefits we earn from our diversification. As Insurance segment results continue to improve, we are strategically pursuing growth in our Consumer and Home segments to get ahead of any decline in interest rates and increase in credit availability in the quarters ahead. We have thoughtfully addressed our fixed cost base, which should enable us to deliver solid operating leverage from any future lift in rev ...

To that point, LendingTree and Royal Caribbean's stock appear to be poised for more upside but may be ideal buy the dip candidates on a selloff. The personalized loan comparison company is expected to post Q2 sales of $194.07 million, a 6% increase from the prior-year quarter. In what is a tougher-to-compete-against period, LendingTree's Q2 EPS is projected to fall to $0.73 versus $1.14 per share a year ago. The broader cruise industry has continued to strengthen since the pandemic and Royal Caribbean's pro ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

When looking at the last two reports, this mortgage lending service provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 76.09%, on average, in the last two quarters. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the con ...

Have you been paying attention to shares of Tree.com (TREE) ? Shares have been on the move with the stock up 28.2% over the past month. The stock hit a new 52-week high of $55.87 in the previous session. Tree.com has gained 78.4% since the start of the year compared to the 13.7% move for the Zacks Finance sector and the 3.4% return for the Zacks Financial - Mortgage & Related Services industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't misse ...

The Company will hold a conference call at 5:00 p.m. ET to discuss the earnings release, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The webcast replay will be available following the event. LendingTree (NASDAQ: TREE) is one of the nation's largest, most experienced online financial platforms, created to give consumers the power to win financially. LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through ...

Tree.com (TREE) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% ...

TREE uses Snowflake's cloud data analytics services for its business operations. Per Google's Mandiant security business, a hacker's group had used stolen login credentials to infiltrate Snowflake accounts of nearly 165 customers, this proposes a broader hacking operation against Snowflake clients. Data Breach by Banks Over the past six months, shares of TREE have gained 30.9% against the industry's decline of 6.8%. SESC mentioned that MUFG Bank Ltd., Morgan Stanley MUFG Securities Co. and Mitsubishi UFJ Mo ...

CHARLOTTE, N.C., June 18, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, "LendingTree" or the "Company") and the operator of LendingTree.com, the nation's leading online financial services marketplace, announces the promotion of Jason Bengel to Chief Financial Officer following the departure of Trent Ziegler on August 9, 2024. Along with this change, LendingTree is also announcing several leadership chan ...

LendingTree, Inc.'s (TREE) continuous efforts to diversify non-mortgage product offerings and focus on the Consumer segment are driving its revenue growth. Strategic acquisitions over the years have also been supporting financials. However, owing to the challenging operating environment, the Insurance segment's growth is expected to be subdued, while the weak liquidity position will hamper the capital deployment activities. Although, the company's cost base has declined in the recent past on the back of cos ...