LendingTree (TREE) shares plummet after full-year revenue guidance slashed

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LendingTree (TREE) Set to Open Lower by 24% Following Disappointing Guidance

May 2, 2023 8:48 AM EDT

LendingTree (NASDAQ: TREE) Set to Open Lower by 24% Following Disappointing Guidance

LendingTree sees FY2023 revenue of $760-800 million, versus the consensus of $945 million (prior range of $935 - $985 million)... More

LendingTree (TREE) Tops Q1 EPS by 35c, Lowers FY Guidance

May 2, 2023 7:07 AM EDT

LendingTree (NASDAQ: TREE) reported Q1 EPS of $0.25, $0.35 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $200.5 million versus the consensus estimate of $207.03 million.

GUIDANCE:

LendingTree sees FY2023 revenue of $760-800 million, versus the consensus of $945... More