LendingTree Inc. (TREE) saw its shares surge more than 18% in the pre-market trading session on Thursday, following the company's exceptional fourth-quarter 2024 financial results and robust guidance for 2025.
The online lending marketplace reported adjusted earnings per share of $1.16 for Q4 2024, substantially beating analysts' consensus estimate of $0.37. LendingTree's revenue of $261.5 million also came in well above expectations, representing a remarkable 94.6% year-over-year increase.
The strong quarterly performance was driven by solid revenue growth across all three of LendingTree's core business segments:
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.
Analysts were quick to applaud LendingTree's outstanding performance and promising outlook. Several firms reiterated their Buy/Outperform ratings and raised price targets, citing the company's impressive Q4 results and compelling growth prospects across its diverse offerings.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.