LendingTree (TREE) Misses Q4 EPS by 6c

LendingTree (NASDAQ: TREE) reported Q4 EPS of $0.84, $0.06 worse than the analyst estimate of $0.90. Revenue for the quarter came in at $161 million versus the consensus estimate of $150.22 million.

For first quarter 2018:

• Revenue is anticipated to be $170 - $175 million, or 28% - 32% over first quarter 2017.
• Variable Marketing Margin is anticipated to be in the range of $59 - $62 million.
• Adjusted EBITDA is anticipated to be in the range of $30.5 - $32.5 million, implying year-over-year growth of 28% - 36%. First quarter Adjusted EBITDA guidance reflects an estimated $1.5 - $2.5 million of unusually high expenses primarily related to payroll taxes owed upon the exercise of employee stock options.

For earnings history and earnings-related data on LendingTree (TREE) click here.

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