LendingTree (TREE) shares plummet after full-year revenue guidance slashed
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
LendingTree (TREE) Set to Open Lower by 24% Following Disappointing Guidance
May 2, 2023 8:48 AM EDTLendingTree (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)... MoreLendingTree (TREE) Tops Q1 EPS by 35c, Lowers FY Guidance
May 2, 2023 7:07 AM EDTLendingTree (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

