Tree.com: Q3 Earnings Snapshot

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.

_____

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