Englewood CO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- iLending, a leading provider of auto refinance solutions, proudly announces its remarkable achievement of being recognized as a LendingTree partner rated Top 3 in Customer Satisfaction for the 14th quarter in a row. Dating back to 2021, this outstanding recognition solidifies iLending's commitment to delivering exceptional service and an unparalleled customer experience in the auto refinance industry. LendingTree, a leading online loan marketplace, recognizes ...

Significant estimates underlying the accompanying consolidated financial statements include: the recoverability of long-lived assets, goodwill and intangible assets; the determination of income taxes payable and deferred income taxes, including related valuation allowances; fair value of assets acquired in a business combination; litigation accruals; contract assets; various other allowances, reserves and accruals; assumptions related to the determination of stock-based compensation; and the determination o ...

LendingTree, Inc.'s (TREE) second-quarter 2024 adjusted net income per share of 54 cents missed the Zacks Consensus Estimate of 73 cents. The reported figure compares unfavorably with $1.14 reported in the prior-year quarter. The results exclude certain non-recurring items. After considering these, TREE reported GAAP net income of $7.8 million against a loss of $0.1 million in the year-ago quarter's level. Total revenues were up 15.1% year over year to $210.1 million. The rise stemmed from a substantial inc ...

The reported revenue compares to the Zacks Consensus Estimate of $194.07 million, representing a surprise of +8.26%. The company delivered an EPS surprise of -26.03%, with the consensus EPS estimate being $0.73. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenue- Insurance: $122.10 million versus $86.14 million estimated by four ...

LendingTree, Inc. (NASDAQ:TREE) Q2 2024 Earnings Call Transcript July 25, 2024 5:00 PM ET Company Participants Andrew Wessel - SVP of IR and Corporate Development Doug Lebda - Chairman and CEO Jason Bengel - Incoming CFO Scott Peyree - COO and President of Marketplace Businesses Trent Ziegler - CFO Conference Call Participants Ryan Tomasello - KBW Youssef Squali - Truist Securities Melissa Wedel - JPMorgan Jamie Friedman - Susquehanna International Mike Grondahl - Northland Securities Operator Good day ever ...

Tree.com shares have added about 72.8% since the beginning of the year versus the S&P 500's gain of 13.8%. While Tree.com has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track reco ...

▪ 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 ...