LendingTree (TREE) Misses Q1 EPS by 12c, Offers Guidance

LendingTree (NASDAQ: TREE) reported Q1 EPS of $1.10, $0.12 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $262.4 million versus the consensus estimate of $239.58 million.

GUIDANCE:

LendingTree sees Q2 2019 revenue of $260-270 million, versus the consensus of $252.26 million.

• Variable Marketing Margin is expected in the range of $92 - $97 million.
• Adjusted EBITDA is anticipated in the range of $45 - $47 million.

LendingTree sees FY2019 revenue of $1.06-1.09 billion, versus the consensus of $1.03 billion.

• Variable Marketing Margin is expected in the range of $400 - $415 million, up from prior range of $385 - $400 million.
• Adjusted EBITDA is anticipated in the range of $210 - $220 million, up from prior range of $205 - $215 million.

For earnings history and earnings-related data on LendingTree (TREE) click here.

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