LendingTree (TREE) Tops Q4 EPS by 39c, Revs Beat; Guides Q1 Revs Above the Street

LendingTree (NASDAQ: TREE) reported Q4 EPS of $0.13, $0.39 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $222.3 million versus the consensus estimate of $218.92 million.

"We navigated the headwinds of the past year incredibly well, and I\'m proud of our team\'s resilience and dedication," said Doug Lebda, chairman and CEO. "Despite the prior year's challenges, we were fortunate to maintain a healthy and productive workforce, a strong balance sheet and sustained positive cash flows, all of which enabled us to remain acutely focused on executing for our customers, our partners and our shareholders. The fourth quarter's results are evidence of the progress we continue to make in expanding our leading market position."

J.D. Moriarty, CFO, added, "We are pleased to be able to report better-than-expected fourth quarter results, and even more encouraging is the positive momentum we see across each of our segments. Our diversified portfolio of businesses continues to strengthen our competitive advantage as our leading presence in Home and Insurance bolster our recovering Consumer segment."

GUIDANCE:

Sees Q1 revenue of $260 - $270 million, versus the consensus of $240.25 million.

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

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