LendingTree (TREE) Q4 Earnings Beat Estimates, Revenues Fall

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 ...