Tree.com: Fourth Quarter Earnings Overview

Tree.com Announces Fourth-Quarter Financial Results

Tree.com Inc., headquartered in Charlotte, North Carolina, revealed on Monday that it achieved a net profit of $144.7 million for the fourth quarter.

The company reported earnings of $10.27 per share. After accounting for special items, the adjusted loss was 39 cents per share.

These figures did not meet analysts’ expectations, as a consensus of four analysts polled by Zacks Investment Research had anticipated earnings of 90 cents per share.

During the same period, Tree.com generated $319.7 million in revenue, surpassing analyst forecasts.

For the entire year, Tree.com posted a profit of $151.3 million, or $10.78 per share, with total revenue reaching $1.12 billion.

Looking ahead to the first quarter ending in March, the company projects revenue between $317 million and $325 million.

For the full year, Tree.com anticipates revenue to fall within the range of $1.27 billion to $1.33 billion.