LendingTree (TREE) shares skyrocketed 11.2% in the after-hours trading session on Wednesday, following the company's exceptional fourth-quarter 2024 financial results and strong guidance for 2025.

The online lending marketplace operator reported adjusted earnings per share of $1.16 for the quarter, substantially beating analysts' consensus estimate of a loss of $0.05 per share. LendingTree's revenue of $261.5 million also came in well above the $236.84 million expected by Wall Street, representing a staggering 94.6% year-over-year increase.

The robust quarterly performance was driven by strong revenue growth across all three of LendingTree's core business segments:

• Home segment revenue surged 35% year-over-year to $34.0 million, and segment profit jumped 44% to $11.7 million.
• Consumer segment revenue rose 12% to $55.6 million, with personal loans and small business lending services leading the growth.
• Insurance segment revenue soared 188% to $171.7 million, translating into a 90% increase in segment profit to $48.0 million.

Looking ahead, LendingTree expects another solid year of revenue growth and profitability in 2025, fueled by continued strength in its diversified product offerings and operational efficiency. The company forecasts full-year 2025 revenue in the range of $985 million to $1.025 billion, representing a 9% to 14% increase from 2024.

"We are thrilled to report the company's fourth-quarter performance was well above the high end of our guidance range, showcasing the strength of our diversification," said Doug Lebda, LendingTree's Chairman and CEO. "Our Insurance business delivered another outstanding quarter with revenue growth of 188% compared to the prior year period. Looking forward, we expect another solid year of AEBITDA growth in 2025 on continued revenue strength and operating expense discipline."