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Tree.com: Q3 Earnings Snapshot
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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Tree.com Inc. (TREE) on Tuesday reported a loss of $72.4 million in its third quarter.

The Charlotte, North Carolina-based company said it had a loss of $5.15 per share. Earnings, adjusted for asset impairment costs and stock option expense, were $2.20 per share.

The mortgage lending service provider posted revenue of $343.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $330.3 million.

For the current quarter ending in December, Tree.com said it expects revenue in the range of $315 million to $325 million.

The company expects full-year revenue in the range of $1.3 billion to $1.31 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREE at https://www.zacks.com/ap/TREE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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