LendingTree Reports Record First Quarter Results; Increasing Full-Year Outlook
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Despite Sell-Off, Needham & Company Lifts PT on LendingTree (TREE)
April 30, 2015 3:33 PM EDTWith shares down over 10% following numbers before the open, Needham & Company analyst Kerry Rice reiterated a Buy rating and lifted his price target on LendingTree (NASDAQ: TREE) to $70.00 (from $60.00) following solid Q1 results.
Rice commented, "LendingTree solidly... More
LendingTree (TREE) Tops Q1 EPS by 19c
April 30, 2015 9:00 AM EDTLendingTree (NASDAQ: TREE) reported Q1 EPS of $0.44, $0.19 better than the analyst estimate of $0.25. Revenue for the quarter came in at $50.9 million versus the consensus estimate of $47.24 million.
For earnings history and earnings-related data on LendingTree (TREE) click here.
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