Tree.com (TREE) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.61 per share a year ago.
LendingTree's share price surged 90% YTD and 271% in the last twelve months, driven by strong performance and expected rate cuts boosting demand. Fundamentals are strengthening with prospects of rate cuts in 2024 and 2025, improving demand for LendingTree's financial products and reducing bad debt risks. Business strategies, particularly in the insurance segment, are yielding significant revenue growth, with plans to replicate this success in home and consumer segments.
A fall in EBITDA and liquidity level negatively impacts LendingTree's (TREE) Q2 earnings, while higher revenues and lower costs support its performance.
While the top- and bottom-line numbers for Tree.com (TREE) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Tree.com (TREE) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $1.14 per share a year ago.
LendingTree (TREE) and Royal Caribbean (RCL) are two top-rated Zacks stocks that are very intriguing as their Q2 results approach on Thursday, July 25.
Does Tree.com (TREE) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Tree.com (TREE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Tree.com (TREE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tree.com (TREE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Tree.com (TREE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.