Welcome to our dedicated page for Lendingtree news (Ticker: TREE), a resource for investors and traders seeking the latest updates and insights on Lendingtree stock.
LendingTree Inc (NASDAQ: TREE), a leading online financial marketplace, provides this centralized hub for investors and financial professionals seeking authoritative news updates. Track all official press releases, strategic developments, and market analyses related to TREE's operations in consumer lending, insurance services, and digital financial solutions.
This resource offers real-time access to critical updates including quarterly earnings reports, partnership announcements, product innovations, and regulatory filings. Investors gain a competitive edge through comprehensive coverage of TREE's performance across its Home, Consumer, and Insurance segments.
Bookmark this page to monitor LendingTree's evolving position in the competitive lending marketplace, with verified updates on marketing strategies, lender network expansions, and consumer financial trends. Our curated news feed ensures you never miss developments impacting TREE's market performance or industry leadership.
LendingTree, Inc. (NASDAQ: TREE) reported better-than-expected Q2 2020 results, with projected revenues between $182 - $186 million, exceeding previous estimates. The anticipated GAAP net loss stands at ($10) - ($8 million). Variable marketing margin is expected to reach $79 - $83 million, while Adjusted EBITDA is forecasted at $28 - $32 million. CEO Doug Lebda highlighted resilience amid economic challenges, particularly in the Home segment driven by low interest rates. Guidance for Q3 will be detailed in the upcoming earnings release.
A ValuePenguin.com study reveals that the United States spent approximately $319.3 million on fireworks, with Missouri, Mississippi, Ohio, Alabama, and South Carolina leading in expenditures. Missouri alone spent $51.1 million, representing $8.34 per capita. The study highlights that 96% of fireworks are imported from China. Additionally, July 4th sees a significant surge in firework-related injuries, accounting for 26.2% of annual incidents, with children under 20 being most affected. Experts advise adherence to safety guidelines amidst increased home celebrations due to COVID-19.
A study from ValuePenguin.com reveals that raising children is a significant financial burden for American families, costing an average of $252,072 per child over 18 years. Annually, families spend about $14,000 per child. The most expensive areas include San Francisco and San Jose, where costs range from $297,000 to $330,000 per child. Housing is the largest expense at $3,970 per year, followed by food and childcare. The report highlights that families with multiple children spend less per child but face increased overall costs.
QuoteWizard®, a LendingTree company, released a report analyzing Medicaid benefits amid rising unemployment, which hit 14.7% in April. Key findings indicate that 21% of Americans utilize Medicaid, with New York, New Hampshire, and Wisconsin offering the top programs. Top states' Medicaid expenditure is 65% higher per person than lower-ranked states, and 29% of individuals in Medicaid expansion states gained access through the Affordable Care Act. The study assessed physician fees, total spending per beneficiary, and state funding percentages to rank Medicaid programs.