LendingTree, Inc. (TREE) Tuesday reported a narrower loss for the third quarter while revenues were down 35 percent from the previous year. On an adjusted basis, the company reported a profit, compared to loss last year, that came in above estimates.
The quarterly net loss was $148.5 million, narrower than $158.7 million in the prior year. On a per-share basis, loss was $11.43, compared to loss of $12.44 last year.
On an adjusted basis, earnings were $0.61 per share. On average, 9 analysts polled by Thomson Reuters expected the company to earn $0.35 per share.
Total revenues for the quarter declined to $155.2 million from $237.8 million in the prior year. Wall Street expected $161.03 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.