TREE - LendingTree stock falls 7.9% after EBITDA guidance disappoints

LendingTree (TREE) stock drops 7.9% as its guidance indicates that Q2 adjusted EBITDA will fall short of the consensus estimate.Sees Q2 adjusted EBITDA of $27M-$31M vs. FactSet consensus of $33.9M; compares with $30.7M in Q1.Sees Q2 revenue of $263M-$273M, with midpoint of $268M; average analyst estimate of $268.9M.Expects Q2 variable marketing margin expected to be $86M-$92M vs. Q1's $89.0M.Q1 adjusted EPS of 18 cents, up from 13 cents in Q4 2020 and down from $1.20 in the year-ago quarter.Q1 total revenue of $272.8M rose 23% Q/Q and fell 4% Y/Y.Home segment revenue was $128.1M, up 44% Q/Q and 62% Y/Y.Consumer segment revenue of $57.9M increased 21% Q/Q and sank 52% Y/Y.Insurance segment revenue of $86.6M rose 1% Q/Q and 5% Y/Y.Previously (April 29): LendingTree EPS of $0.18

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LendingTree stock falls 7.9% after EBITDA guidance disappoints