LendingTree Reports Record 2Q 2019 Results
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Lending Tree (TREE) PT Lowered to $425 at Needham & Company
July 25, 2019 11:52 AM EDTNeedham & Company analyst Mayank Tandon lowered the price target on Lending Tree (NASDAQ: TREE) to $425.00 (from $450.00) while maintaining a Buy rating.
The analyst commented, "TREE reported solid 2Q19 results, which beat expectations on revenue and were essentially in-line on margins.... More
LendingTree (TREE) Misses Q2 EPS by 23c, Revs Beat; Raises FY Rev Guidance
July 25, 2019 7:06 AM EDTLendingTree (NASDAQ: TREE) reported Q2 EPS of $1.18, $0.23 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $278.4 million versus the consensus estimate of $267.43 million.
GUIDANCE:
LendingTree sees Q3 2019 revenue of $290-300 million, versus the consensus of $283.45... More
