27.10.2016 13:06:23

LendingTree, Inc. Q3 Income Advances 3%

(RTTNews) - LendingTree, Inc. (TREE) released earnings for its third quarter that increased from last year.

The company said its bottom line came in at $10.1 million, or $0.80 per share. This was up from $9.8 million, or $0.79 per share, in last year's third quarter.

Analysts had expected the company to earn $0.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 35.5% to $94.6 million. This was up from $69.8 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q3): $10.1 Mln. vs. $9.8 Mln. last year. -Earnings Growth (Y-o-Y): 3.1% -EPS (Q3): $0.80 vs. $0.79 last year. -EPS Growth (Y-o-Y): 1.3% -Analysts Estimate: $0.83 -Revenue (Q3): $94.6 Mln vs. $69.8 Mln last year. -Revenue Change (Y-o-Y): 35.5%

-Guidance: Full year EPS guidance: Full year revenue guidance: $370 - $375 Mln

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