LendingTree Reports Record Q1 2016 Results; Increasing 2016 Outlook
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LendingTree (TREE): Needham Reiterates Buy, $140 PT
May 5, 2016 8:09 AM EDTNeedham & Company analyst, Kerry Rice, thinks Lendingtree's (NASDAQ: TREE) misunderstood market risk creates a buying opportunity. TREE continued to gain market share in Mortgages as lenders increasingly recognize Tree's marketing efficiency with high conversion rate and low cost per funded loan. Tree posted... More
LendingTree (TREE) Tops Q1 EPS by 9c, Offers Q2 & FY Guidance
May 4, 2016 7:15 AM EDTLendingTree (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... More
