earnings
confidence high
sentiment negative
materiality 0.60
LendingTree corrects clerical error in Q4/FY 2021 adjusted earnings reconciliation; Q4 adj. EPS now ($0.31)
LendingTree, Inc.
2021-FY EPS reported
$5.05
revenue$1,098,499,000
- Corrected Q4 2021 adjusted net loss of $4.1M and adjusted EPS loss of $0.31.
- Corrected FY 2021 adjusted net income of $19.2M and adjusted EPS of $1.40.
- Net income from continuing operations for Q4 2021 was $48.4M ($3.57/diluted share).
- Correction impacted non-GAAP items including $83.2M gain on investments and excess tax benefit.
- Prior periods restated: Q3 2021 adj. net income $10.3M ($0.75/share); Q4 2020 adj. net income $1.8M ($0.13/share).