Core Viewpoint - Investors are encouraged to consider Tree.com (TREE) due to solid improvements in earnings estimates and positive short-term price momentum [1][2] Earnings Estimates - Analysts are increasingly optimistic about Tree.com's earnings prospects, leading to higher estimates that are expected to reflect positively in the stock price [2] - The current quarter's earnings estimate is projected at $0.74 per share, indicating a year-over-year increase of +5.71% [4] - Over the past 30 days, the Zacks Consensus Estimate for Tree.com has surged by 435.29%, with three estimates moving higher and no negative revisions [4] - For the full year, the earnings estimate stands at $3.92 per share, representing a year-over-year change of +22.88% [5] - The consensus estimate for the current year has increased by 111.29%, with three estimates moving higher against one negative revision [5] Zacks Rank - Tree.com has achieved a Zacks Rank 1 (Strong Buy), reflecting strong agreement among analysts in raising earnings estimates [3][6] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3] Investment Outlook - The strong estimate revisions have led to a 7.8% increase in Tree.com's stock over the past four weeks, suggesting potential for further upside [7] - Investors may consider adding Tree.com to their portfolios based on the positive earnings outlook and Zacks Rank [7]
Earnings Estimates Rising for Tree.com (TREE): Will It Gain?