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Lendingtree inc   (TREE)
Other Ticker:  
 
 
Price: $37.9300 $-0.56 -1.455%
Day's High: $39.53 Week Perf: -6.14 %
Day's Low: $ 37.55 30 Day Perf: 6.54 %
Volume (M): 507 52 Wk High: $ 44.51
Volume (M$): $ 19,219 52 Wk Avg: $23.08
Open: $38.20 52 Wk Low: $10.12



 Market Capitalization (Millions $) 491
 Shares Outstanding (Millions) 13
 Employees 312
 Revenues (TTM) (Millions $) 673
 Net Income (TTM) (Millions $) -122
 Cash Flow (TTM) (Millions $) -374
 Capital Exp. (TTM) (Millions $) 13

Lendingtree Inc

LendingTree, Inc. operates what we believe to be the leading online loan marketplace for consumers seeking loans and other credit-based offerings. Our online marketplace provides consumers with access to product offerings from over 400 active lenders (which we refer to as "Network Lenders"), including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans and other related offerings. In addition, we offer tools and resources, including free credit scores, that facilitate comparison shopping for these loans and other credit-based offerings. We seek to match consumers with multiple lenders, who can provide them with competing quotes for the product they are seeking. By providing consumers access to a broad array of credit-based offerings directly from multiple lenders, rather than just multiple quotes from the same lender or indirectly through intermediaries, we believe our marketplace is differentiated from other providers operating loan comparison-shopping marketplaces.

Our strategically designed and executed advertising and marketing campaigns (which we refer to as performance marketing) promote our LendingTree brand and product offerings and are designed to attract consumers to our websites and toll-free telephone numbers. Interested consumers complete inquiry forms, providing detailed information about themselves and the loans or other offerings they are seeking. We refer to such consumer inquiries as loan requests. We then match these loan requests with lenders in our marketplace that are seeking to serve these consumers needs. We generate revenue from these lenders, generally at the time of transmitting a loan request to them, in the form of a match fee. In certain instances outside our mortgage business, we charge other kinds of fees, such as closed loan or closed sale fees. In addition to our primary loan request business, LendingTree also has click and call products for which lenders pay either front-end or back-end fees.
We are continually working to improve the consumer experience. We have made investments in technologically-adept personnel and we use in-market real-time testing to improve our digital platforms. Additionally, we work with our lenders, including providing training and other resources, to improve the consumer experience throughout the loan process. Further, we have been building and improving our My LendingTree platform, which provides a relationship-based consumer experience, rather than just a transaction-based experience.

We currently report our revenues in two product categories: (i) mortgage products and (ii) non-mortgage products. Non-mortgage products include auto loans, credit cards, home equity loans, personal loans, reverse mortgages, small business loans and student loans. Non-mortgage products also include home improvement referrals, and other tools and resources, including credit repair and debt relief services.



   Company Address: 1415 Vantage Park Dr. Charlotte 28203 NC
   Company Phone Number: 541-5351   Stock Exchange / Ticker: NASDAQ TREE
   


Customers Net Income grew by TREE's Customers Net Profit Margin grew to

2.4 %

10.04 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        0.14% 
NTRS        1.27% 
PNC   -0.91%    
RF   -0.88%    
SCHW        1.35% 
TFC   -6.37%    
• View Complete Report
   



Lendingtree Inc

Lendingtree Inc's Financial Resilience Shines Amidst a Tough Revenue Environment

Lendingtree Inc has shown impressive improvement in their financial performance for the fourth quarter of 2023 earnings season. The company was able to turn a profit, with Income per Share reaching $0.97 compared to a loss of $-0.81 in the previous year. Additionally, the company saw a significant increase in net income, totaling $12.719 million, compared to a net loss of $-10.404 million in the same period last year.
However, despite this positive turnaround, there were some concerning trends in the company's financials. Revenue for the quarter decreased by -33.507% to $134.35 million from $202.06 million in the previous year. This decline in revenue was also evident when compared to the previous quarter, with a sequential decrease of -13.426% from $155.19 million.

Lendingtree Inc

LendingTree Inc's Revenue Plummets, Faces Uphill Battle in Financial Third Quarter of 2023

Lendingtree Inc Faces Challenges as Revenue Melts Down in Recent Report
Lendingtree Inc, a leading online lending marketplace, has recently released its disappointing September 30, 2023 report, highlighting a significant decline in revenue and a high shortfall per share. The company's revenue plummeted by 34.75% to $155.19 million compared to the same period the previous year.
In addition to the decline in revenue, Lendingtree Inc posted a shortfall per share of $-11.43, an improvement from the previous year's $-12.44. However, when compared to the previous reporting period, the company experienced a significant growth in deficit per share from $-0.01. Furthermore, the revenue deteriorated by 14.944%, falling from $182.45 million.

Lendingtree Inc

LendingTree Inc. Experiences Shocking Financial Tumble with a Spectacular $-0.01 Loss per Share in Q2 of 2023


Introduction
Lendingtree Inc., a prominent lending marketplace, recently published its second-quarter financial report for 2023, which highlighted certain challenges in its business operations. However, the company's steadfast approach to adapting and overcoming these obstacles has positioned it for growth and increased investor confidence. This article delves into the details of Lendingtree's quarterly report, analyzes the impacts of the results, and discusses the positive momentum it has gained in recent weeks.
Revenue Decline and Loss Per Share Reduction
In the second quarter of 2023, Lendingtree Inc. experienced a decline in revenue by -30.341%, dropping to $182.45 million from $261.92 million in the previous year. This decline was a result of various market factors that affected the demand for the company's lending services. However, it is noteworthy that revenue deteriorated only by -9.005% compared to the first quarter, indicating a gradual recovery.

Lendingtree Inc

Lendingtree Inc. Shatters Expectations with First Quarter 2023 Profit, but Faces Revenue Setback

Lendingtree Inc, a miscellaneous financial services company, recently delivered financial results for the first quarter of 2023 earnings season. The company reportedly turned a profit in this quarter, with an EPS of $1.04 per share, which is a significant improvement compared to the same quarter last year, where they had a negative EPS of $-0.84 per share. Additionally, the company's net profit per share also turned positive this reporting season, rising from $-0.81 per share in the previous reporting season to a positive profit of $13.457 million this quarter.
Despite this good news, Lendingtree Inc's revenue decreased significantly compared to the same quarter last year, decreasing by -29.194% to $200.51 million from $283.18 million. However, looking at revenue sequentially, it only decreased slightly by -0.766 % from $202.06 million. Lendingtree Inc booked a net loss of $-10.826 million in the similar reporting season a year ago. Therefore, the company's recent net earnings of $13.457 million during the first quarter of 2023 show a considerable improvement.






 

Lendingtree Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Lendingtree Inc does not provide revenue guidance.

Earnings Outlook
Lendingtree inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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