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LendingTree issues Q1 revenue outlook

LendingTree Inc. expects revenue of $170 million to $175 million for the first quarter, up 28% to 32% year over year.

The company also reiterated its outlook for full-year 2018 revenue of $770 million to $790 million.

For the fourth quarter of 2017, LendingTree reported a net loss from continuing operations of $6.5 million, or 54 cents per share, compared with net income of $8.0 million, or 63 cents per share, in the year-ago period. Adjusted net income was $11.9 million, or 84 cents per share, up from $9.8 million, or 77 cents per share, in the fourth quarter of 2016.

The S&P Capital IQ consensus normalized EPS estimate for the fourth quarter of 2017 was 90 cents.