LendingTree Sees Q4 Sales $231.000M-241.000M vs $230.91M Est
Portfolio Pulse from Benzinga Newsdesk
LendingTree projects Q4 sales between $231 million and $241 million, slightly above the market estimate of $230.91 million.
October 31, 2024 | 8:09 pm
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POSITIVE IMPACT
LendingTree's Q4 sales forecast of $231M-$241M exceeds the market estimate of $230.91M, indicating potential positive sentiment.
The sales forecast surpasses market expectations, which is typically viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100