LendingTree Reports Record 1Q 2019 Results

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Go back to LendingTree Reports Record 1Q 2019 Results

Lending Tree (TREE) PT Raised to $450 at Needham & Company

April 26, 2019 12:07 PM EDT

Needham & Company analyst Mayank Tandon raised the price target on Lending Tree (NASDAQ: TREE) to $450.00 (from $375.00) while maintaining a Buy rating.

Tandon commented, "TREE reported strong 1Q19 results which beat both our estimates and consensus on revenue, VMM, and EBITDA. The quarter was... More

LendingTree (TREE) Misses Q1 EPS by 12c, Offers Guidance

April 26, 2019 7:05 AM EDT

LendingTree (NASDAQ: TREE) reported Q1 EPS of $1.10, $0.12 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $262.4 million versus the consensus estimate of $239.58 million.

GUIDANCE:

LendingTree sees Q2 2019 revenue of $260-270 million, versus the consensus of $252.26... More