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Northland Capital Markets Downgrades Lending Tree (TREE) to Market Perform

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Lending Tree (TREE) PT Lowered to $105 at Needham & Company

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

LendingTree (TREE) Tops Q1 EPS by 38c; Guides Below Views

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