LendingTree Cuts 2023 Revenue Guidance From $680M-$700M To $670M-$680M vs $688.64M Est.
Portfolio Pulse from Benzinga Newsdesk
LendingTree has reduced its 2023 revenue guidance from $680M-$700M to $670M-$680M, which is below the estimated $688.64M.

October 31, 2023 | 11:06 am
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LendingTree's lowered revenue guidance for 2023 may negatively impact its stock price in the short term.
LendingTree's revised revenue guidance is lower than the previous estimate and also falls short of the market expectation. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
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