Needham & Company Raises Price Target on LendingTree (TREE) to $108 Following 2Q Results

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Tree (TREE) PT Lifted to $130 at BWS Financial

August 4, 2015 9:01 AM EDT

BWS 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

After-Hours Stock Movers 08/03: (IDTI) (PLOW) (TREE) (CYH) Higher; (TNET) (CGNX) (ALL) Lower (more...)

August 3, 2015 6:08 PM EDT

TriNet Group (NYSE: TNET) 29% LOWER; reported Q2 EPS of $0.14, $0.13 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $122 million versus the consensus estimate of $137.55 million.

Cognex Corp. (NASDAQ: CGNX) 19.9% LOWER; reported Q2 EPS of $0.49, $0.02 better than the analyst estimate of $0.47. Revenue for the quarter came in at $143.8 million versus the consensus estimate of $150.13 million.

Integrated Device Technology (NASDAQ: IDTI) 11.4%... More

LendingTree (TREE) Tops Q2 EPS by 30c; Guides Higher

August 3, 2015 4:03 PM EDT

LendingTree (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

Trading Radar for 7/31: Loews (L), Clorox (CLX), Tenet Healthcare (THC), Broadsoft (BSFT) Report

July 31, 2015 3:34 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Personal Income - Street sees 0.3%Personal Spending - Street sees 0.2%PCE Prices: Core - Street sees 0.2%

Earnings:

ArcBest (Nasdaq: ARCB) - consensus EPS $0.76
Array Biopharma (Nasdaq: ARRY) - consensus loss $0.16
Boardwalk Pipeline Partners (NYSE: BWP) - no Street consensus
Broadsoft (Nasdaq:... More