Tree.com: 3Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Tree.com Inc. (TREE) on Thursday reported third-quarter earnings of $25.7 million.

The Charlotte, North Carolina-based company said it had net income of $1.86 per share. Earnings, adjusted for one-time gains and costs, were $1.92 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The mortgage lending service provider posted revenue of $197.1 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $200.1 million.

Tree.com expects full-year revenue in the range of $765 million to $775 million.

Tree.com shares have decreased 39 percent since the beginning of the year. The stock has declined 23 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