LendingTree, Inc. Q3 adjusted earnings Beat Estimates

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(RTTNews.com) - LendingTree, Inc. ( TREE ) announced a profit for its third quarter that climbed from last year.

The company's earnings totaled $28.36 million, or $2.05 per share. This compares with $10.13 million, or $0.74 per share, in last year's third quarter.

Excluding items, LendingTree, Inc. reported adjusted earnings of $26.58 million or $1.92 per share for the period.

Analysts had expected the company to earn $1.91	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.9% to $197.06 million from $171.49 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q3): $26.58 Mln. vs. $16.13 Mln. last year. -EPS (Q3): $1.92 vs. $1.17 last year. -Analysts Estimate: $1.91

-Revenue (Q3): $197.06 Mln vs. $171.49 Mln last year.


Full year revenue guidance: $765 - $775 Mln

For comments and feedback: contact editorial@rttnews.com


This article appears in: World Markets , Stocks , 401k , Banking and Loans , Retirement , Earnings
Referenced Symbols: TREE

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