LendingTree Reports Record 3Q 2018 Results

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Lending Tree (TREE) PT Lowered to $170 at BWS Financial

November 2, 2018 9:26 AM EDT

BWS Financial analyst Hamed Khorsand lowered the price target on Lending Tree (NASDAQ: TREE) to $170.00 (from $185.00) while maintaining a Sell rating.

Khorsand commented, "LendingTree (TREE) affirmed our negative thesis of the mortgage business deteriorating to the point the Company will probably... More

LendingTree (TREE) Tops Q3 EPS by 1c

November 1, 2018 7:20 AM EDT

LendingTree (NASDAQ: TREE) reported Q3 EPS of $1.92, $0.01 better than the analyst estimate of $1.91. Revenue for the quarter came in at $197.1 million versus the consensus estimate of $199.78 million.

GUIDANCE:

LendingTree sees FY2018 revenue of $765-775 million, versus the consensus of $755.63... More