LendingTree Q2 2024 Adj EPS $0.54 Beats $0.46 Estimate, Sales $210.100M Beat $187.361M Estimate
Portfolio Pulse from Benzinga Newsdesk
LendingTree (NASDAQ:TREE) reported Q2 2024 adjusted EPS of $0.54, beating the estimate of $0.46. Sales were $210.1M, surpassing the $187.361M estimate and showing a 15.12% increase from last year's $182.5M.
July 25, 2024 | 8:35 pm
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LendingTree reported strong Q2 2024 results with EPS of $0.54 beating estimates by 17.39% and sales of $210.1M exceeding expectations by 12.14%. Sales increased by 15.12% YoY.
LendingTree's strong earnings and revenue performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The 15.12% YoY sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100