LendingTree(TREE)
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Here's Why You Should Hold on to LendingTree (TREE) for Now
Zacks Investment Research· 2024-03-14 16:16
LendingTree, Inc. (TREE) efforts to increase non-mortgage product offerings will aid revenue growth. A flexible business model and diversified solutions for a wider array of lenders are expected to aid the Home segment amid a high interest rate environment.However, elevated costs on technology and advertisement expenses are likely to hurt its financials. A decline in the Insurance segment’s revenues will impede the top line.LendingTree is committed to boosting revenues by diversifying its non-mortgage produ ...
Surging Earnings Estimates Signal Upside for Tree.com (TREE) Stock
Zacks Investment Research· 2024-03-05 18:20
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 rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this mortgage lending service provider, should get reflected in its stock price. After all, empirical research shows a strong correlation bet ...
Why Tree.com (TREE) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-03-05 15:55
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...
LendingTree, Inc. (TREE) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-03-01 15:15
Have you been paying attention to shares of Tree.com (TREE) ? Shares have been on the move with the stock up 18.4% over the past month. The stock hit a new 52-week high of $39.97 in the previous session. Tree.com has gained 30.5% since the start of the year compared to the 4.1% move for the Zacks Finance sector and the -5.6% 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 missed ...
Why Fast-paced Mover Tree.com (TREE) Is a Great Choice for Value Investors
Zacks Investment Research· 2024-03-01 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
What Makes Tree.com (TREE) a New Strong Buy Stock
Zacks Investment Research· 2024-02-28 18:01
Investors might want to bet on Tree.com (TREE) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of ...
LendingTree(TREE) - 2023 Q4 - Annual Report
2024-02-28 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the transition period from to Commission File No. 001-34063 __________________________________________________ LendingTree, Inc. (Exact name of Registrant as specified in its charter) Washington, D.C. 20549 __________________________________________________ FORM 10-K __________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ende ...
LendingTree (TREE) Q4 Earnings Beat Estimates, Revenues Fall
Zacks Investment Research· 2024-02-28 14:51
LendingTree, Inc.’s (TREE) fourth-quarter 2023 adjusted net income per share of 28 cents beat the Zacks Consensus Estimate of 14 cents. However, the reported figure compares unfavorably with 38 cents reported in the prior-year quarter.The company’s results were aided by lower costs, while a decline in revenues was a spoilsport.LendingTree reported net income of $12.7 million against a loss of $10.4 million in the year-ago quarter.In 2023, adjusted net income per share of $2.28 beat the consensus estimate of ...
LendingTree(TREE) - 2023 Q4 - Earnings Call Transcript
2024-02-27 18:12
LendingTree, Inc. (NASDAQ:TREE) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Andrew Wessel - Head of IR Doug Lebda - Chairman and CEO Scott Peyree - COO and President of Marketplace Businesses Trent Ziegler - CFO Conference Call Participants Jed Kelly - Oppenheimer Youssef Squali - Truist Securities Ryan Tomasello - KBW John Campbell - Stephens Melissa Wedel - JPMorgan Jamie Friedman - Susquehanna Operator Good day and thank you for standing by. Welcome to the LendingTr ...
Compared to Estimates, Tree.com (TREE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-27 16:01
For the quarter ended December 2023, Tree.com (TREE) reported revenue of $134.4 million, down 33.5% over the same period last year. EPS came in at $0.28, compared to $0.38 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $135.55 million, representing a surprise of -0.85%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being $0.14.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...