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CHARLOTTE, N.C. - LendingTree, Inc. (NASDAQ:TREE) shares surged 10.6% after the online financial services marketplace reported fourth-quarter earnings and revenue that significantly exceeded analyst expectations, while also providing an optimistic outlook for 2025.
The company posted adjusted earnings per share of $1.16, handily beating the analyst consensus estimate of -$0.14. Revenue for the quarter came in at $261.5 million, up 95% YoY and well above the $230.91 million analysts were expecting.
LendingTree’s strong performance was driven by growth across all three of its business segments. The Insurance segment was particularly impressive, with revenue soaring 188% YoY to $171.7 million. The Home segment saw revenue increase 35% to $34 million, while Consumer segment revenue rose 12% to $55.6 million.
"We are thrilled to report the company’s fourth quarter performance was well above the high end of our guidance range, showcasing the strength of our diversification," said Doug Lebda, Chairman and CEO.
Looking ahead, LendingTree provided upbeat guidance for 2025. The company expects full-year revenue between $985 million and $1.025 billion, representing growth of 9% to 14% compared to 2024. The midpoint of this range is slightly above the analyst consensus of $1.016 billion.
For the first quarter of 2025, LendingTree forecasts revenue of $241-248 million, in line with analyst expectations of $247.7 million.
The company’s strong results and positive outlook appear to have resonated with investors, as evidenced by the stock’s double-digit percentage gain following the earnings release.
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