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Tree.com: 1Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Tree.com Inc. (TREE) on Friday reported a first-quarter loss of $512,000, after reporting a profit in the same period a year earlier.

The Charlotte, North Carolina-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.10 per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.

The mortgage lending service provider posted revenue of $262.4 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $239 million.

For the current quarter ending in July, Tree.com said it expects revenue in the range of $260 million to $270 million.

The company expects full-year revenue in the range of $1.06 billion to $1.09 billion.

Tree.com shares have risen 68 percent since the beginning of the year. The stock has increased 20 percent in the last 12 months.

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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