LendingTree Full Year 2024 Earnings: Beats Expectations

LendingTree (NASDAQ:TREE) Full Year 2024 Results

Key Financial Results

• Revenue: US$900.2m (up 34% from FY 2023).
• Net loss: US$41.7m (loss narrowed by 66% from FY 2023).
• US$3.14 loss per share (improved from US$9.46 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LendingTree Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in the US.

Performance of the American Consumer Finance industry.

The company's shares are up 27% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for LendingTree you should know about.

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