LENDINGTREE REPORTS FIRST QUARTER 2022 RESULTS
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May 6, 2022 8:48 AM EDT
Northland Capital Markets analyst Mike Grondahl downgraded Lending Tree (NASDAQ: TREE) from Outperform to Market Perform with a price target of $90.00 (from $140.00).
The analyst comments "After this recent pressure from Mortgage and Insurance, we believe investors have some time. While we had gotten more positive last year when we... More
May 5, 2022 3:58 PM EDT
Needham & Company analyst Mayank Tandon lowered the price target on Lending Tree (NASDAQ: TREE) to $105.00 (from $145.00) while maintaining a Buy rating following earnings.
The analyst commented, "TREE reported 1Q results that were largely in-line with both our and Street estimates as strength... More
May 5, 2022 7:06 AM EDT
LendingTree (NASDAQ: TREE) reported Q1 EPS of $0.46, $0.38 better than the analyst estimate of $0.08. Revenue for the quarter came in at $283.2 million versus the consensus estimate of $285.39 million.
GUIDANCE:
LendingTree sees Q2 2022 revenue of $283-293 million, versus the consensus of $295.6... More
