LendingTree Surpasses Q3 Earnings Estimates, Raises 2024 View

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 ...