CHARLOTTE, N.C. (AP) _ Tree.com Inc. (TREE) on Thursday reported a loss of $158.7 million in its third quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $12.44. Losses, adjusted for one-time gains and costs, were 36 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 89 cents per share.
The mortgage lending service provider posted revenue of $237.8 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $240.7 million.
For the current quarter ending in December, Tree.com said it expects revenue in the range of $202 million to $217 million.
The company expects full-year revenue in the range of $985 million to $1 billion.
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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
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