$TREE (+13.2% pre) LendingTree Stock Rallies After Strong Q4 Results: Details https://t.co/GG44bGAkh7
LendingTree, $TREE, Q4-24 Results: 📊 Adj. EPS: $1.16 🟢 💰 Revenue: $261.5M 🟢 📈 Net Income: $7.5M 🔎 Strong revenue growth across all segments, led by Insurance (+188% YoY).
$CLMB Climb Global Solutions Q4 Adj EPS $2.26 Beats $1.01 Estimate, Sales $161.76M Beat $114.37M Estimate
LendingTree, Inc. reported its fourth-quarter earnings for 2024, revealing a consolidated revenue of $261.5 million, which surpassed analysts' expectations of $236.84 million. The company achieved a GAAP net income of $7.5 million, translating to earnings of $0.55 per diluted share. Additionally, LendingTree reported an adjusted net income per share of $1.16, exceeding the estimated $1.11 by $0.05. The variable marketing margin stood at $86.7 million, and adjusted EBITDA reached $32.2 million. The company's strong performance was attributed to significant revenue growth across all segments, particularly in Insurance, which saw a year-over-year increase of 188%. Following the announcement, LendingTree's stock rose by 13.2% in pre-market trading.
