LendingTree (NASDAQ: TREE) saw its stock price plummet 13.16% in after-hours trading on Thursday, following the release of its first-quarter 2025 earnings report. The online lending marketplace delivered a mixed bag of results, beating earnings estimates but falling short on revenue and other key metrics.
For Q1 2025, LendingTree reported adjusted earnings per share of $0.99, significantly surpassing the analyst consensus estimate of $0.65. This represents a 41.43% increase from the same period last year. However, the company's quarterly revenue of $239.7 million missed the mark, coming in 2.14% below the expected $244.93 million. Additionally, adjusted EBITDA of $24.6 million fell short of the $26.4 million estimate.
Adding to investor concerns, LendingTree's outlook for the second quarter was less than stellar. The company projected Q2 revenue in the range of $241 million to $248 million, which falls below the analyst consensus of $248.5 million. This guidance, coupled with the mixed Q1 results, appears to have sparked a sell-off in the stock during after-hours trading. Investors will likely be closely watching LendingTree's performance in the coming months to see if the company can improve its top-line growth and meet or exceed expectations in future quarters.