LendingTree (TREE) Rides on Growth Efforts Amid Weak Liquidity
TREELendingTree(TREE) ZACKS·2024-06-06 00:15

LendingTree, Inc.’s (TREE) continuous efforts to diversify non-mortgage product offerings and focus on the Consumer segment are driving its revenue growth. Strategic acquisitions over the years have also been supporting financials. However, owing to the challenging operating environment, the Insurance segment’s growth is expected to be subdued, while the weak liquidity position will hamper the capital deployment activities. TREE has three reportable segments namely Home, Consumer and Insurance. The company ...