LendingTree Turns To Profit In Q4; Lifts 2015 Revenue Outlook - Quick Facts

(RTTNews) - LendingTree Inc. (TREE), operator of LendingTree.com, the nation's leading online loan marketplace, reported that its fourth-quarter net income was $15.64 million or $1.30 per share compared to a loss of $202 thousand or $0.02 per share in the prior year.

Adjusted Net Income per Share was $0.47 represents an increase of $0.02, or 4%, over fourth quarter 2013.

Revenue in the fourth quarter 2014 was $43.9 million represents an increase of $7.5 million, or 21%, over revenue in the fourth quarter 2013.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.27per share and revenues of $42.23 million for the fourth-quarter. Analysts' estimates typically exclude special items.

For first quarter 2015, LendingTree anticipates revenue to be in the range of $46.0 - $48.0 million, a 15% - 20% increase over first quarter 2014. Wall Street expect revenues of $45.03 million for the first quarter.

For fiscal 2015, Revenue is now anticipated to be $192.5 million - $200.8 million, or 15% - 20% over full-year 2014, an increase from previous guidance of 12% - 15% growth. Analysts expect the company to report revenues of $186.11 million for fiscal 2015. Adjusted EBITDA is now anticipated to be in the range of $27.0 - $29.0 million, implying year-over-year growth of 24% - 33%, an increase from previous guidance of $25.5 - $26.5 million.