LendingTree (TREE) Tops Q1 EPS by 9c, Offers Q2 & FY Guidance
LendingTree (NASDAQ: TREE) reported Q1 EPS of $0.76, $0.09 better than the analyst estimate of $0.67. Revenue for the quarter came in at $94.7 million versus the consensus estimate of $86.58 million.
GUIDANCE:
LendingTree sees Q2 2016 revenue of $95-97 million, versus the consensus of $93.05 million.
- Variable Marketing Margin is anticipated to be in the range of $32.0 - $33.5 million.
- Adjusted EBITDA is anticipated to be in the range of $13.5 - $15.0 million, implying year-over-year growth of 52% - 69%.
LendingTree sees FY2016 revenue of $380-390 million, versus the consensus of $380.56 million.
- Variable Marketing Margin is now anticipated to be $134 - $137 million, or 41% - 44% over full-year 2015, an increase from prior guidance of $129 - $134 million.
- Adjusted EBITDA is anticipated to remain in the range of $62 - $65 million, or 52% - 59% compared to full-year 2015.
For earnings history and earnings-related data on LendingTree (TREE) click here.
