Lending Tree Sees Q2 2024 Revenue $175M-$190M Vs $168.325M Est.
Portfolio Pulse from Benzinga Newsdesk
Lending Tree projects its Q2 2024 revenue to be between $175M and $190M, surpassing the estimated $168.325M.
April 30, 2024 | 1:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lending Tree's revenue forecast for Q2 2024 significantly exceeds analyst expectations, indicating potential growth.
Lending Tree's projection of its Q2 2024 revenue to be between $175M and $190M, which is higher than the analysts' estimate of $168.325M, suggests a positive outlook for the company's financial performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100