LendingTree Reports Record 1Q 2017 Results; Increasing Full-Year 2017 Guidance
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Lending Tree (TREE) PT Raised to $160 at Oppenheimer
April 28, 2017 9:45 AM EDTOppenheimer raised its price target on Lending Tree (NASDAQ: TREE) to $160.00 (from $140.00) while maintaining a Outperform rating.
... MoreLending Tree (TREE) PT Raised to $170 at Needham & Company; Mortgage and Non-Mortgage Strength
April 27, 2017 3:25 PM EDTNeedham & Company raised its price target on Lending Tree (NASDAQ: TREE) to $170.00 (from $140.00) while maintaining a Buy rating following strong Q1 results and raised guidance.
Analyst Kerry Rice said the company's financial marketplace performed better than expected with lenders increasing demand for leads, expanding... More
Lending Tree (TREE) PT Raised to $185 at BWS Financial; Business Model Evolving and Growing
April 27, 2017 11:56 AM EDTBWS Financial raised its price target on Lending Tree (NASDAQ: TREE) to $185.00 (from $150.00) while maintaining a Buy rating following strong Q1 results.
Analyst Hamed Khorsand said the results showed the company's business model continues to evolve and grow. He added that the... More
LendingTree (TREE) Misses Q1 EPS by 6c, Revs Beat; Raises Outloook
April 27, 2017 7:07 AM EDTLendingTree (NASDAQ: TREE) reported Q1 EPS of $0.85, $0.06 worse than the analyst estimate of $0.91. Revenue for the quarter came in at $132.5 million versus the consensus estimate of $124.94 million.
Total loan requests in the quarter of 4.8 million grew 49% compared to first quarter 2016Record revenue from mortgage products of $62.9 million represents an increase of 14% over first quarter 2016 primarily driven by growth in purchase revenue, although refinance revenue also increased.Record revenue from non-mortgage products of... More