NASDAQ$TREE

LendingTree Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

LendingTree reported fourth quarter earnings, highlighted by insurance segment margin recovery offset by home revenue declines.

LendingTree's Q4 2022 results showed strength in the Insurance segment margin, which helped to offset declines in Home revenue. The company remains well capitalized with $299 million in cash and is focused on managing operating expenses.

  • LendingTree launched the LendingTree Win Card, rewarding consumers for healthy financial habits.
  • The Home segment faced headwinds due to higher rates and low housing inventory.
  • Home Equity offering and Insurance segment margin growth helped offset Home performance decline.
  • The company has $299 million of cash on the balance sheet.

Headline financials

Total Revenue

$202M

Previous: $258M-21.8%
EPS (adj)

$0.38

Previous: -$0.14+371.4%
Net Income

-$10.4M

Previous: $47.9M-121.7%
Operating Income

-$4.62M

Previous: $74.7M-106.2%
Gross Profit

$189M

Previous: $244M-22.7%
Cash & Equivalents

$299M

Previous: $251M+19.0%
Total Assets

$1.2B

Previous: $1.3B-7.7%
Stock-Based Comp

$11.6M

Previous: $16.8M-30.5%

Revenue & EPS history

LendingTree · Revenue · Quarterly

$202M

Q4 2022-21.8%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

LendingTree · $87.9M total across 2 segments · Q3 2023

  • Insurance
    $54.5M
  • Home
    $33.4M

Forward guidance

LendingTree provided revenue, variable marketing margin, and adjusted EBITDA guidance for the first quarter and full year of 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+2.9%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-3.3%

Avg return

30 days after

59%

38 / 64 earnings

Positive

+41.7%

Q2 2015

Best reaction

-22.2%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.9%-20.0%-23.3%
Q4 2025+14.2%+13.7%+8.0%
Q3 2025+2.5%-9.7%-11.2%
Q1 2025-20.3%-30.7%-35.3%
Q4 2024+22.5%+2.2%+14.1%
Q3 2024-22.2%-18.8%-23.8%
Q2 2024+6.3%+0.4%+9.4%
Q1 2024+28.2%+32.3%+19.1%
Q4 2023+3.2%+16.6%+23.5%
Q3 2023+35.5%+45.3%+59.9%
Q2 2023-13.8%-17.1%-33.8%
Q1 2023-20.9%-20.2%-20.3%
Q4 2022-11.6%-11.9%-30.4%
Q3 2022+11.5%+10.1%+10.9%
Q2 2022-6.3%-11.5%-28.6%
Q1 2022-6.0%-18.5%-19.6%
Q4 2021+20.6%-19.0%-1.1%
Q3 2021+10.7%+1.5%-18.3%
Q2 2021-3.7%-10.6%-16.4%
Q1 2021-16.2%-20.4%-16.7%
Q4 2020-18.5%-17.8%-37.6%
Q3 2020-16.2%-12.1%-29.8%
Q2 2020-7.0%-7.2%-14.9%
Q1 2020-6.2%-0.4%+15.9%
Q4 2019-15.1%-19.2%-41.1%
Q3 2019+11.1%+19.3%+11.4%
Q2 2019-15.7%-21.0%-27.8%
Q1 2019+1.8%+4.2%+1.6%
Q4 2018+0.2%+0.7%+8.5%
Q3 2018+30.0%+26.8%+29.1%
Q2 2018-3.0%-2.9%-2.4%
Q1 2018-20.3%-15.8%-15.4%
Q4 2017-8.6%-5.8%-4.5%
Q3 2017+20.3%+21.0%+35.9%
Q2 2017+17.8%+22.0%+21.2%
Q1 2017+12.0%+14.8%+25.2%
Q4 2016+10.0%+5.6%+6.0%
Q3 2016-14.8%-11.7%+18.1%
Q2 2016+5.7%+4.0%+5.4%
Q1 2016-6.8%
Q4 2015+19.4%
Q3 2015+26.5%
Q2 2015+41.7%
Q1 2015-10.9%
Q4 2014+18.4%
Q3 2014+30.1%
Q2 2014+4.5%
Q1 2014-18.2%
Q4 2013+2.3%
Q3 2013+12.0%
Q2 2013+24.1%
Q1 2013-3.3%
Q4 2012+15.1%
Q3 2012+10.4%
Q2 2012+3.5%
Q1 2011+1.2%
Q1 2012+3.2%
Q4 2011+3.2%
Q3 2011-0.4%
Q3 2010-0.4%
Q2 2011+3.5%
Q2 2010+3.5%
Q4 2010+3.5%
Q1 2010+2.8%

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