Tree.com (TREE) reported $167.8 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 16.3%. EPS of $0.70 for the same period compares to $0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $164.03 million, representing a surprise of +2.30%. The company delivered an EPS surprise of +52.17%, with the consensus EPS estimate being $0.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Tree.com (TREE) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.17%. A quarter ago, it was expected that this mortgage lending service provider would post earnings of $0.14 per share when it actually produced earnings of $0.28, delivering a surprise of 100%.Over the last four quart ...

Exhibit 99.2 April 30, 2024 Fellow Shareholders: We are pleased to report strong first quarter results that demonstrate the positive inflection we are seeing across our business. It is becoming increasingly clear that the worst of this economic cycle is behind us, and the actions we have taken over the last year have positioned the Company to deliver profitable and accelerating growth as we progress through the remainder of 2024. Every segment produced sequential top line growth in the quarter, highlighted ...

CHARLOTTE, N.C., April 16, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal first quarter 2024 results on Tuesday, April 30, 2024, at 7:00 a.m. ET. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 9:00 a.m. ET that same day, which will be simultaneously webcast via the Co ...

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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 ...

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 ...

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 ...

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 ...