Tree.com (TREE - Free Report) reported $167.8 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 16.3%. EPS of $0.70 for the same period compares to $0.25 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $164.03 million, representing a surprise of +2.30%. The company delivered an EPS surprise of +52.17%, with the consensus EPS estimate being $0.46.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Tree.com performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Insurance: $85.90 million versus $85.78 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change.
- Revenue- Home: $30.40 million versus $27.91 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -30.4% change.
- Revenue- Consumer: $51.50 million versus the three-analyst average estimate of $50.27 million. The reported number represents a year-over-year change of -35.4%.
- Segment profit- Home: $9.60 million versus $9.72 million estimated by two analysts on average.
- Segment profit- Insurance: $33.40 million versus the two-analyst average estimate of $34.80 million.
- Segment profit- Consumer: $27.40 million compared to the $25.73 million average estimate based on two analysts.
View all Key Company Metrics for Tree.com here>>>Shares of Tree.com have returned -10.4% over the past month versus the Zacks S&P 500 composite's -2.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Tree.com (TREE - Free Report) reported $167.8 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 16.3%. EPS of $0.70 for the same period compares to $0.25 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $164.03 million, representing a surprise of +2.30%. The company delivered an EPS surprise of +52.17%, with the consensus EPS estimate being $0.46.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Tree.com performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Insurance: $85.90 million versus $85.78 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change.
- Revenue- Home: $30.40 million versus $27.91 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -30.4% change.
- Revenue- Consumer: $51.50 million versus the three-analyst average estimate of $50.27 million. The reported number represents a year-over-year change of -35.4%.
- Segment profit- Home: $9.60 million versus $9.72 million estimated by two analysts on average.
- Segment profit- Insurance: $33.40 million versus the two-analyst average estimate of $34.80 million.
- Segment profit- Consumer: $27.40 million compared to the $25.73 million average estimate based on two analysts.
View all Key Company Metrics for Tree.com here>>>Shares of Tree.com have returned -10.4% over the past month versus the Zacks S&P 500 composite's -2.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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