Tree.com: Q3 Earnings Snapshot
Tree.com, based in Charlotte, NC, surprised investors with its Q3 financial results, reporting a profit of $10.2 million or $0.73 per share, which jumped to $1.70 per share after adjustments. This beat analysts' expectations of $1.23 per share. Revenue also exceeded expectations, totaling $307.8 million compared to the predicted $278.5 million. Looking ahead, Tree.com forecasts Q4 revenue between $280 million and $290 million, and full-year revenue between $1.08 billion and $1.09 billion. These strong results and optimistic outlook could positively impact investor views and drive business growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.