LendingTree Reports Record 4Q 2018 Results
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Lending Tree (TREE) PT Raised to $375 at Needham & Company
February 26, 2019 3:55 PM ESTNeedham & Company analyst Mayank Tandon raised the price target on Lending Tree (NASDAQ: TREE) to $375.00 (from $300.00) while maintaining a Buy rating.
The analyst commented, "TREE reported solid 4Q18 results which were broadly in-line with expectations on revenue and EBITDA despite continued headwinds facing... More
Northland Capital Markets Downgrades Lending Tree (TREE) to Market Perform
February 26, 2019 12:01 PM ESTNorthland Capital Markets analyst Mike Grondahl downgraded Lending Tree (NASDAQ: TREE) from Outperform to Market Perform with a price target of $273.00.
For an analyst ratings summary and ratings history on Lending Tree click here. For more ratings news on Lending Tree click here.
Shares of Lending Tree closed at $320.41 yesterday.
... MoreLendingTree (TREE) Misses Q4 EPS by 25c, Revenues Miss; Offers Q1 Revenue Guidance Above Consensus, FY19 Revenue Mid-Point Views Above Estimates
February 26, 2019 7:05 AM ESTLendingTree (NASDAQ: TREE) reported Q4 EPS of $1.22, $0.25 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $202.7 million versus the consensus estimate of $208.33 million.
Fourth Quarter 2018 Financial Highlights
Record consolidated revenue of $202.7 million represents an increase of 26% over revenue in the fourth quarter 2017.GAAP net income from continuing operations of $0.3 million, or $.02 per diluted share.Record Variable Marketing Margin of $78.6 million represents 39% of revenue and grew 40% over fourth quarter 2017.Adjusted EBITDA of $39.4 million increased 33% over fourth quarter 2017.Adjusted Net Income per share of $1.22 represents growth of... More