Half of Americans are canceling vacation plans, and many have lost money on nonrefundable travel expenses because of the coronavirus pandemic.
One in four American credit cardholders said they've involuntarily had their credit limit slashed on at least one of their credit cards or even had a card closed by their issuer in the past 30 days, according to a new report from CompareCards.
LendingTree's (TREE) Q1 results underline higher revenues, lower expenses and escalation in adjusted EBITDA.
TREE earnings call for the period ending March 31, 2020.
Zoetis Inc, the world's largest animal health company, unveiled a new insurance unit in a bid to take advantage of rising pet ownership as Americans adopt furry companions to help relieve the loneliness of coronavirus lockdowns. New Jersey-based Zoetis on Thursday said its Pumpkin Insurance Services subsidiary will offer insurance plans to cover medical bills and veterinary visits for cat and dog owners. "Pet insurance is, more than ever before, top of the mind for pet owners who just got a new pet," Alex Douzet, chief executive officer of Pumpkin, told Reuters.
Approximately 50% of Americans get health insurance through their employers, but the COVID-19 pandemic has put over 38 million Americans out of work, and left nearly 27 million Americans (including family members) newly without insurance.
Q1 2020 LendingTree Inc Earnings Call
Shares of LendingTree (NASDAQ:TREE) remained unaffected at $245.39 after the company reported Q1 results.Quarterly Results Earnings per share rose 9.09% over the past year to $1.20, which beat the estimate of $1.08.Revenue of $283,084,000 higher by 7.89% year over year, which missed the estimate of $287,950,000.Outlook LendingTree hasn't issued any earnings guidance for the time being.Q2 revenue expected between $160,000,000 and $175,000,000.Details Of The Call Date: May 05, 2020View more earnings on TREETime: 07:00 PM ETWebcast URL: https://edge.media-server.com/mmc/p/9svdhue2Recent Stock Performance 52-week high: $434.9452-week low: $135.72Price action over last quarter: down 15.31%Company Overview LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings they need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.See more from Benzinga * General Finance: Q3 Earnings Insights * Recap: Carter's Q1 Earnings * TopBuild: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
In the wake of the COVID-19 pandemic, many homeowners questioned whether they'd be able to pay their monthly mortgage payments. As a result, millions of people requested a mortgage forbearance agreement, which temporarily postpones or lowers a borrower's monthly mortgage payment. Though forbearance can be a boon for homeowners struggling to stay afloat, a new LendingTree survey conducted by Qualtrics suggests that most people who received a forbearance may not have necessarily needed one.
With stay-at-home orders in place across America due to covid-19, it is no surprise that many Americans are feeling the strain of loneliness and sadness as we navigate this critical time. New developments in the situation and further restrictions are starting to cause more mental health issues across the country.
QuoteWizard®, a LendingTree company, and one of the nation's leading online insurance marketplaces released a report on states with the highest hospital expenses. The influx brought on from the pandemic comes at a time where hospital expenses are at an all-time high after a decade of steep increases.
The coronavirus pandemic has drastically altered the way Americans spend money. In many cases, that has meant cutting back — but one area where many consumers are spending more is on subscription services.
Where disasters are concerned, 2020 is destined to go down in history as the year of the COVID-19 pandemic — but that doesn't make the threat of seasonal weather events any less urgent. As the Atlantic hurricane season approaches, and severe flooding overwhelms parts of central Michigan - ValuePenguin.com has just published a report showing cities where homeowners face the greatest financial risk and exposure to flooding.
Economic impact payments would cover less than half of the average family’s monthly expenses, a new study found.
Bernzott Capital Advisors recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of -32.76% (net) for the quarter, outperforming its benchmark, the Russell 2000 Value Index which returned -35.66% in the same quarter. You should check out Bernzott Capital Advisors top 5 stock picks […]
QuoteWizard®, a LendingTree company, and one of the nation's leading online insurance marketplaces released a report analyzing which states have the speediest and most accident-prone drivers to see where roads could be most dangerous during COVID-19 stay-at-home orders.
Tree.com (TREE) delivered earnings and revenue surprises of 10.09% and 0.21%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
A new LendingTree survey shows that the financial fallout from the Coronavirus pandemic is particularly difficult for American parents with children. According to the survey of over 1,000 parents with children under the age of 18, 56% said they are in debt due to the added financial strain of the pandemic all while balancing distance learning for children and working from home.
One thing nearly everyone can agree on about the past decade is that it has been very, very good for stock market investors. The Russell 1000 large-company index, which tracks the 1,000 biggest U.S. stocks by market value, has gained roughly 252% since the start of the 2010s, including reinvested dividends.Some stocks have done far better. Microsoft (MSFT) awoke from its long slumber and jumped 545% over the past decade. Dollar General (DG) made a lot of bucks, gaining 632%. And Ulta Beauty (ULTA) has made a lovely 1,325% gain.But those aren't the tippy-top stocks of the Russell 1000. Not even close.Here are the top 10 large-company stocks of the decade, as well as a look at what put them on top of the heap. We chose the Russell 1000 because it offers an even broader look at the stock market than the S&P; 500, but still excludes smaller companies where extremely outsize gains are more common and can more easily come from a single, quick driver. SEE ALSO: The 20 Best Stocks to Buy for 2020
As the coronavirus pandemic continues to impact everything from the economy to daily life, worries over personal safety have driven 83 million Americans to consider buying life insurance or increasing their life insurance coverage, according to a new survey from ValuePenguin.com by LendingTree.