LendingTree (TREE) shares were down about 22% in recent Friday trading, a day after the company reported Q1 revenue that missed analysts' expectations and cut its full-year revenue guidance.
The company reported Q1 adjusted earnings late Thursday of $0.99 per share, compared with $0.70 a year earlier.
Analysts polled by FactSet expected $0.65.
Revenue for the quarter ended March 31 was $239.7 million, up from 167.8 million a year earlier.
Analysts polled by FactSet expected $244.9 million.
The company said it expects Q2 revenue of $241 million to $248 million. Analysts polled by FactSet expect $245.3 million.
LendingTree lowered its full-year 2025 revenue guidance to between $955 million and $995 million, compared with its previous guidance of $985 million to $1.03 billion. Analysts polled by FactSet are looking for $984.2 million.
Price: 42.45, Change: -11.68, Percent Change: -21.57
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