LendingTree beats by $0.20, beats on revs; raises FY17 revs above consensus; also raises FY17 Adj EBITDA guidance
- Reports Q3 (Sep) earnings of $1.17 per share, $0.20 better than the Capital IQ Consensus of $0.97; revenues rose 81.3% year/year to $171.5 mln vs the $157.97 mln Capital IQ Consensus.
- Co issues upside guidance for FY17, sees FY17 revs of $603-608 mln vs. $588.93 mln Capital IQ Consensus Estimate, and above prior guidance of $580-590 million
- Variable Marketing Margin is anticipated to be $202-205 million compared to prior guidance of $190-195 million.
- Adjusted EBITDA is anticipated to be in the range of $111-113 million, up 59% - 62% over full-year 2016 and an increase from prior guidance of $103-106 million.
No comments:
Post a Comment