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Dec 31, 2020

LendingTree Q4 2020 Earnings Report

Reported record mortgage revenue and a sustained recovery in the Consumer segment.

Key Takeaways

LendingTree reported better-than-expected fourth-quarter results, driven by a diversified portfolio of businesses, with leading presence in Home and Insurance bolstering the recovering Consumer segment.

Navigated the headwinds of the past year incredibly well.

Maintained a healthy and productive workforce.

Kept a strong balance sheet and sustained positive cash flows.

Expanded leading market position.

Total Revenue
$222M
Previous year: $255M
-12.9%
EPS
$0.13
Previous year: $1.12
-88.4%
Gross Profit
$209M
Previous year: $238M
-12.4%
Cash and Equivalents
$170M
Previous year: $60.2M
+182.1%
Total Assets
$1.19B
Previous year: $948M
+25.4%

LendingTree

LendingTree

Forward Guidance

The company is providing revenue, variable marketing margin and adjusted EBITDA guidance for the first quarter of 2021.