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:

• The Home segment revenue surged 35% year-over-year, driven by strong demand for home equity and mortgage products.
• The Consumer segment revenue rose 12%, fueled by growth in personal loans, small business lending, and auto loans.
• The Insurance segment revenue soared 188%, translating into a 90% increase in segment profit.

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.