LendingTree Q3 2024 Adj. EPS $0.80 Beats $0.66 Estimate, Sales $260.800M Beat $244.507M Estimate
Portfolio Pulse from Benzinga Newsdesk
LendingTree reported Q3 2024 earnings of $0.80 per share, surpassing the analyst estimate of $0.66. The company's sales reached $260.8 million, exceeding the expected $244.507 million and marking a 68.04% increase from the previous year.

October 31, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LendingTree's Q3 2024 earnings and sales significantly exceeded analyst expectations, with EPS at $0.80 and sales at $260.8 million, marking a strong year-over-year growth.
LendingTree's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year sales growth further highlights the company's positive trajectory, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100