LendingTree, Inc. Reports 32% Advance In Q3 Bottom Line

(RTTNews) - LendingTree, Inc. (TREE) revealed earnings for its third quarter that gained ground from last year.

The company said its bottom line rose to $16.13 million, or $1.17 per share. This was up from $12.18 million, or $0.90 per share, in last year's third quarter.

Analysts had expected the company to earn $0.96 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 81.4% to $171.49 million. This was up from $94.56 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q3): $16.13 Mln. vs. $12.18 Mln. last year. -Earnings Growth (Y-o-Y): 32.4% -EPS (Q3): $1.17 vs. $0.90 last year. -EPS Growth (Y-o-Y): 30.0% -Analysts Estimate: $0.96 -Revenue (Q3): $171.49 Mln vs. $94.56 Mln last year. -Revenue Change (Y-o-Y): 81.4%

-Guidance: Next quarter revenue guidance: $146 - $151 Mln Full year revenue guidance: $603 - $608 Mln