CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

LendingTree jumps on strong quarterly revenue, FY profit forecast raise

By Reuters News

** Online lending marketplace LendingTree's TREE.O shares jump 33.8% to $38.62 in afternoon trading

** Co reported on Tuesday Q3 revenue of $343.6 mln, up 12% YoY

** TREE updates FY 26 adjusted EBITDA forecast to $151 mln - $153 mln from $145 mln - $152 mln, lifting the midpoint by about 2.4%

** Truist says updated FY26 guidance reflects stronger profitability

** Brokerage adds that Insurance was once again the primary growth engine within the company's overall revenue profile during the quarter

** "The company is on track to grow revenue and adj. EBITDA this year by 17% and 14%, respectively, at the midpoint of our updated forecast," — CFO Jason Bengel

** Six of six analysts rate stock "strong buy" or "buy"; their median PT is $51 — data compiled by LSEG

** Including session's move, stock down 27% YTD

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.