LendingTree Expects to Exceed FY 2015 Guidance; Announces Date of Fourth Quarter 2015 Earnings Release and Conference Call

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Go back to LendingTree Expects to Exceed FY 2015 Guidance; Announces Date of Fourth Quarter 2015 Earnings Release and Conference Call

LendingTree (TREE) Sinks on Cautious Conference Comments

January 13, 2016 11:50 AM EST

LendingTree (NASDAQ: TREE) is under heavy pressure mid-day following cautious comments at today's Needham Growth Conference. Shares are down 26%.

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Needham & Company Reiterates Buy Following LendingTree's (TREE) Positive 4Q Earnings Pre-Announcement

January 13, 2016 9:27 AM EST

Needham & Company reiterated a Buy rating and $140.00 price target on Lending Tree (NASDAQ: TREE) following the company's positively pre-announced 4Q15 results. The results included revenue, variable marketing margin and adjusted EBITDA exceeding expectations and the top end of previous guidance. In particular, revenue is now in the range of $76.6-77.6M vs. previous... More