LendingTree Reports Record Second Quarter Results; Increasing Full-Year Outlook
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Tree (TREE) PT Lifted to $130 at BWS Financial
August 4, 2015 9:01 AM EDTBWS Financial analyst Hamed Khorsand reiterated a Buy rating and boosted his price target on Tree.Com (NASDAQ: TREE) to $130.00 (from $75.00) after the company exceeded expectations in Q2.
"The increase in revenue was the result of faster growth in non-mortgage and TREE... More
Needham & Company Raises Price Target on LendingTree (TREE) to $108 Following 2Q Results
August 4, 2015 8:55 AM EDTNeedham & Company reiterated a Buy rating on Tree.Com (NASDAQ: TREE), and raised the price target to $108.00 (from $84.00), following 2Q15 results and guidance. Tree posted 2Q15 revenue of $55.1M, above consensus of $52.3M. The company increased guidance for FY15 to $225-230M to... More
LendingTree (TREE) Tops Q2 EPS by 30c; Guides Higher
August 3, 2015 4:03 PM EDTLendingTree (NASDAQ: TREE) reported Q2 EPS of $0.63, $0.30 better than the analyst estimate of $0.33. Revenue for the quarter came in at $55.1 million versus the consensus estimate of $51.97 million.
LendingTree sees Q3 2015 revenue of $60-62 million, versus the consensus of $52.5 million.
LendingTree sees FY2015 revenue of $225-230 million, versus the consensus of $207.52 million.
"We couldn't be more pleased with this quarter's results," said Doug Lebda, Chairman and CEO. "The online lending market continues to expand and LendingTree is positioned perfectly to capture an increased share of a burgeoning market. With another quarter of... More
